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WTI Breaks $100 as Iran Deal Speculation Hits the Monday Open: Memorial Day Brief

WTI Breaks $100 as Iran Deal Speculation Hits the Monday Open: Memorial Day Brief

WTI broke into the low $90s in Memorial Day electronic trading on Iran deal speculation — the first clean break below $100 in weeks. Here's what operators need to know as the week starts.

Frac's H2 Repricing Problem: Why $102 WTI Isn't Translating Into Spread Gains Yet

Frac's H2 Repricing Problem: Why $102 WTI Isn't Translating Into Spread Gains Yet

WTI at $102 and frac stocks are still lagging crude. The reason: H2 contract repricing negotiations between PUMP, PTEN, and LBRT and their operator clients are contested, and the outcome over the next 60 days will close or widen the spread.

WTI Opens at $102, Brent Holds $110: What's Behind This Week's Bid — and the $38B M&A Signal

WTI Opens at $102, Brent Holds $110: What's Behind This Week's Bid — and the $38B M&A Signal

WTI opens the week at $102.28 as Brent holds above $110. US upstream M&A hits $38B year-to-date. Chinese refiners cut crude runs. Frac sector re-rating thesis at Monday open.

ProPetro Q1 2026: The Weather Was the Excuse, the Tightening Is the Story

ProPetro Q1 2026: The Weather Was the Excuse, the Tightening Is the Story

PUMP | NYSE | Source data: ProPetro Q1 2026 earnings release (8-K filed April 30, 2026), Patterson-UTI Q1 2026 earnings release (8-K filed April 22, 2026), Liberty Energy Q1 2026 earnings release (8-K filed April 22, 2026), FRED WTI price series, EIA weekly frac spread count Frac pricing

KGS Hits Record Quarter, Pivots to Data Centers — WTI Gaps Up $2 on Iran Rejection

KGS Hits Record Quarter, Pivots to Data Centers — WTI Gaps Up $2 on Iran Rejection

WTI gaps up $2 after Trump rejects Iran framework. Kodiak Gas Services Q1: record $190M EBITDA and a 2-gigawatt data center power ambition. Frac sector reset ahead.

Diamondback Q1 Beats, Devon-Coterra Passes: Permian Scores Going Into Tuesday

Diamondback Q1 Beats, Devon-Coterra Passes: Permian Scores Going Into Tuesday

Diamondback Energy opened Q1 2026 earnings season with a clean beat Monday evening, and Devon Energy's merger vote with Coterra passed overwhelmingly. Tuesday's session opens with WTI holding near $100 as the upstream sector digests what both mean for operator spending in a market that keeps

The Vote Closes, the Price Holds: What Monday's Full Picture Means for the Delaware Basin

The Vote Closes, the Price Holds: What Monday's Full Picture Means for the Delaware Basin

Devon Energy shareholders voted today on the Coterra merger as WTI held above $107. The combined Delaware Basin competitive map, the backstop supply story, and what the restrained rig count means for service company pricing.