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Life Support: Iran Ceasefire Falters, Brent Nears $110, Qatar Goes Dark at Ras Laffan

Life Support: Iran Ceasefire Falters, Brent Nears $110, Qatar Goes Dark at Ras Laffan

Trump says the Iran ceasefire is on 'life support.' Brent nears $110. Qatar asks LNG vessels at Ras Laffan to switch off transponders. Japan and South Korea burn coal. Tuesday closes on structural disruption, not a spike.

OVV Completes the Reset: NuVista Closed, Anadarko Gone, Net Debt Under 0.8x at $101 WTI

OVV Completes the Reset: NuVista Closed, Anadarko Gone, Net Debt Under 0.8x at $101 WTI

Ovintiv exited Q1 2026 with its portfolio transformation essentially complete. The $2.8 billion NuVista acquisition closed during the quarter, adding 100 MBOE/d of Montney production and 930 net well locations. The $2.85 billion Anadarko divestiture, which closed in April, funded a $700 million debt redemption and pushed

OPEC at a 26-Year Low, Kuwait at Zero: What Monday's Close Tells Operators About This Week

OPEC at a 26-Year Low, Kuwait at Zero: What Monday's Close Tells Operators About This Week

OPEC's April production hit a 26-year low at 20.04 million bpd. Kuwait exported zero crude for the first time since the Gulf War. Trump-Xi talks in Beijing this week are the market's live variable.

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.

WTI Gives Back $10 on the Week: What the Rig Count Says About Operator Conviction at $95

WTI Gives Back $10 on the Week: What the Rig Count Says About Operator Conviction at $95

WTI lost nearly $10 on the week as US-Iran signals kept markets off-balance. Baker Hughes data shows operators added 2 oil rigs anyway. CIR reads Friday's numbers.

Week in Review: Devon-Coterra Closes, WTI Retreats From $110

Week in Review: Devon-Coterra Closes, WTI Retreats From $110

Devon-Coterra closed May 7, creating the largest Delaware Basin operator. WTI ran to $110 before pulling back to $95. Friday's brief: the week in review, the price reset, and what comes next.

Devon-Coterra Is Closed, Permian Resources Is Investment Grade, and WTI Holds $109

Devon-Coterra Is Closed, Permian Resources Is Investment Grade, and WTI Holds $109

Devon Energy's 8-K landed in EDGAR Thursday afternoon: a two-page Item 2.01 filing confirming the merger with Coterra Energy is done. Coterra shareholders received 0.70 shares of Devon for every share held, and the combined company began trading as a unified entity before Thursday's