Iran Deal Progress Sends WTI to $84: Friday's Peace Premium Unwind
WTI drops 4% as U.S.-Iran deal framework emerges, India's budget shows oil importer stress, and the H2 production services repricing window narrows.
geopolitical
The China Signal: Why Thursday's $86 WTI Has Nothing to Do With Hormuz
WTI closed at $86.34 Thursday, down 5.4% in a single session. The driver is not Hormuz — it's China's structural demand erosion, now confirmed by Sinopec sales data, record EV adoption, and collapsing crude imports.
Halliburton's Latin America Bet Is Paying Off — and Vaca Muerta Is the Reason (HAL)
Iran Tightens, Trans Mountain Fills, Vaca Muerta Bets Big: Thursday's Atlantic Basin Shift
Iran's Hormuz posture tightens as Trans Mountain hits full capacity, Chevron commits $3B to Vaca Muerta NGL, and APA expands on Alaska's North Slope. Thursday's Atlantic Basin supply calculus is shifting.
OPEC+'s Fourth Hike Doesn't Move the Needle: WTI Holds $88 as Peace Premium Drains
Four consecutive OPEC+ output hikes haven't moved WTI off $88. That's the market repricing the Hormuz premium faster than Gulf producers can restore credibility.
OPEC+ Adds 188K Bpd in July — WTI Closes at $88 and the Unwind Math Gets Harder
WTI spent most of Tuesday absorbing a supply shock it saw coming — and closing at $88.34/bbl anyway. The OPEC+ decision announced Saturday to add 188,000 barrels per day in July wasn't a surprise in mechanism; it followed the same phased-unwind playbook the group has
Saudi Cuts July OSPs Again as WTI Tests $89: Tuesday's Oil-Gas Divergence
Oil slipped below $90 for the second time this week as Saudi Arabia cut July official selling prices for Asian buyers, and Trump called for an "immediate" halt to Israeli-Iranian strikes — removing two of the market's remaining geopolitical supports simultaneously. WTI settled near $89.37,