Russia's Waiver Expires, India Pivots: What Monday's Close Means for Atlantic Basin Supply
Trump let India's Russian oil waiver expire. WTI pulled back $3.65. Henry Hub hit $3.02. Here's what today's close actually means.
lng
Five Up, $97 Floor: Friday's Rig Count Says Operators Aren't Blinking
WTI touched $97.23 intraday Friday before recovering to close near $101.26. A $4-plus swing on the week's last session. The geopolitical backdrop — Iran, Hormuz, Commonwealth's $13B LNG FID that printed this morning — gave traders every reason to volatility. They took it. Then they
The LNG Inflection Week: FIDs, Waha's Floor, and What Production Services Still Misses at $110 WTI
Commonwealth's $13B FID, Waha going negative, EU storage retreat. CIR synthesizes the week's LNG signals and Friday's production services beat — including why RPC's 37% revenue gain came with near-zero operating margin.
Commonwealth LNG FID: What It Means for Haynesville and Appalachian Gas Producers
Commonwealth LNG pulled the trigger on a $13B FID backed by Kimmeridge and Mubadala. Here's what it means for Haynesville and Appalachian gas producers positioning for the next wave of LNG offtake contracts.
Commonwealth LNG FIDs $13B, Trump Loses Patience With Iran: Friday's Week-Closing Setup
Commonwealth LNG approved its $13 billion Louisiana export facility Friday morning. Pemex's CEO is out. Brent is heading for a 6% weekly gain. The Iran risk premium is no longer theoretical.
Hormuz Opens a Lane for China, Waha Goes Negative: Thursday's Two-Sided Market
The Trump-Xi summit produced something oil traders have been waiting weeks for: a direct US-China agreement that the Strait of Hormuz must remain open for all shipping. By Thursday afternoon, Iranian state media confirmed it — around 30 Chinese vessels were cleared for Hormuz transit in coordination with Iran&
Hormuz Opens for Some, Closes for Others: Iran's Passage Strategy and the May 16 Wildcard
A Japan-bound crude tanker cleared the Strait of Hormuz this morning, Reuters reported, citing LSEG vessel-tracking data. It's only the second Japan-bound cargo to make it through since U.S. and Israeli forces launched strikes on Iran in late February. The transit doesn't