CIR Afternoon Update — April 9, 2026
WTI surges $3.57 on Hormuz ceasefire uncertainty, Chevron flags $1.6–2.2B Q1 upstream beat, and U.S. crude inventories rise 3.1M barrels.
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CIR Morning Brief — Thursday, April 9, 2026
April 9, 2026 — Houston
The ceasefire lasted less than 24 hours. Iran has reportedly re-closed the Strait of Hormuz, with IRGC forces mining the passage and Iranian state media publishing charts showing a "danger zone" along the normal tanker transit route. Iranian drones also struck a pumping station
CIR Afternoon Update — April 8, 2026
Crude markets experienced one of their most volatile sessions in years on Wednesday as a U.S.-Iran ceasefire deal briefly triggered a historic price collapse, only for fresh geopolitical shocks to temper the relief rally.
WTI Plunges as Hormuz Reopens
According to OilPrice.com citing Reuters and Morningstar data,
Haynesville Shale: 2026 Production Outlook, Rig Activity, and LNG Export Demand
April 8, 2026 — Crude Intelligence Report
The Haynesville Shale has become one of the most strategically important natural gas plays in North America — not simply because of its size, but because of where it sits: a pipeline ride away from six of the largest LNG export terminals on the Gulf
CIR Morning Brief — Wednesday, April 8, 2026
April 8, 2026 — Houston
WTI crude collapsed $18.34 overnight — its largest single-session percentage decline since the COVID demand shock of 2020. The trigger: a conditional two-week ceasefire agreement between the U.S. and Iran announced late Tuesday by President Trump, which sent oil markets into a full risk-off unwind.
CIR Afternoon Update — April 7, 2026
Oil markets remained on a knife's edge Tuesday as the Strait of Hormuz crisis entered its second month with no resolution in sight, keeping crude prices at their highest levels in nearly two decades.
According to Rigzone, West Texas Intermediate settled at $112.41 per barrel Monday — up
CIR Morning Brief — Tuesday, April 7, 2026
April 7, 2026 — Houston
The most consequential demand story for U.S. natural gas producers in 2026 isn't storage draws, LNG export capacity, or even the Hormuz blockade. It may be the server farms going up across the Sun Belt.
Big Tech Goes All-In on Gas — and That