The Deal That Did Not Deal: WTI Holds $76 as Hormuz Goes Quiet Again
WTI closed at $76.54. The Hormuz talks collapsed before they began. Kuwait pledged 2 million bpd. And the market barely moved. Here is what that tells operators about where we are.
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WTI Below $77 as Hormuz Reopens: Tuesday's Deal Changes the Supply Math
WTI crude | Brent crude | Henry Hub natural gas | Source data: Yahoo Finance intraday, OilPrice.com, SEC EDGAR (CRC 8-K June 16), EIA production data
WTI closed Tuesday at approximately $76.70 — down more than $5 from yesterday's close, a decline of roughly 6% on the session. The
WTI Hits $77 as Banks Reprice and China Cracks: Tuesday's Double Selloff Signal
WTI falls to $77 as Morgan Stanley and Goldman slash Brent forecasts, China refinery throughput hits a four-year low, and tanker operators signal Hormuz won't reopen overnight.
Goldman Says $80, Wright Says 7 Million Barrels: What Friday's Close Actually Means
WTI closed Friday at $84.29. Goldman Sachs cut its 2027 Brent outlook to $80. Energy Secretary Wright disclosed the U.S. military is moving 7 million bpd through the Persian Gulf. The Iran premium unwind is nearly complete.
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.
WTI's $94 Gap Dies by Close: Iran's Toll Regime Signal and What the Intraday Reversal Tells Operators
Source data: OilPrice.com live feed, EIA/FRED commodity series, EDGAR 8-K sweep June 8 2026, company disclosures
WTI opened Monday at $94.64, a $4-plus gap above Friday's close, as weekend strike escalation fed into the oil market's chronic Iran anxiety. By 3:
CIR Morning Brief — Saturday, April 4, 2026
WTI surges past $111 as Iran strikes Gulf refineries, Hormuz transit routes shift, and U.S. operators eye windfall revenues.