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CIR Morning Brief — Wednesday, April 15, 2026

CIR Morning Brief — Wednesday, April 15, 2026

WTI: $92.24 | Brent: $95.81 | Henry Hub: $2.58/MMBtu Prices as of Wednesday morning open, April 15, 2026 (Yahoo Finance) Market Pulse Crude benchmarks are holding elevated territory this morning as geopolitical risk premium refuses to fade. WTI settled at $92.24/bbl and Brent at $95.81/

Aerial shot of an oil tanker on the ocean at sunset in Galveston, Texas — global crude transport.

CIR Afternoon Update — April 14, 2026

Crude markets posted their sharpest single-session decline in weeks on Tuesday as a formal U.S. naval blockade against Iran took effect, rattling global supply chains and triggering a steep selloff in WTI and Brent futures. U.S. Blockade on Iran Now in Force — Markets Whipsaw According to OilPrice.com

CIR Morning Brief — Tuesday, April 14, 2026

CIR Morning Brief — Tuesday, April 14, 2026

April 14, 2026 — Houston Two EDGAR filings, one $3 billion deal close, and a multi-billion-dollar international contract win — Tuesday's upstream tape is loud before the market even opens. Diamondback Energy dropped Q1 2026 preliminary results late Monday, Ovintiv officially shut the books on its Anadarko exit, and Halliburton

CIR Afternoon Update — April 13, 2026

CIR Afternoon Update — April 13, 2026

Crude oil prices surged Monday as a confluence of geopolitical supply disruptions and a major analyst price-target reaffirmation pushed WTI above $99/bbl — its strongest close in several months. According to Reuters, Saudi Arabia announced Sunday that it has restored full oil pumping capacity through its East-West pipeline to approximately

CIR Morning Brief — Monday, April 13, 2026

CIR Morning Brief — Monday, April 13, 2026

Weekly Setup — Monday, April 13, 2026 Oil markets open this week with a stabilized but elevated price deck, a confirmed deepwater discovery in the Gulf of America, and shale drillers facing the key question of whether $95+ WTI is enough to break their hard-won capital discipline. Q1 2026 earnings season

Large oil tanker sailing on the ocean at sunset — maritime crude transport.

CIR Afternoon Update — April 10, 2026

Crude markets pulled back on Friday afternoon as traders weighed cautious optimism around the Strait of Hormuz against lingering supply disruptions, pushing WTI down more than $2 on the session. Gulf Producers Signal First Steps Toward Hormuz Resumption According to OilPrice.com citing Reuters, Saudi Arabia, Kuwait, and Iraq have

CIR Morning Brief — Friday, April 10, 2026

CIR Morning Brief — Friday, April 10, 2026

A volatile week for crude markets ends with more questions than answers: the Iran-U.S. ceasefire that briefly crashed WTI $18 on Tuesday is already fraying, Iranian forces re-mined key Hormuz approaches, and prices have clawed back toward the $98 handle. For U.S. upstream, the week was a stress