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.
morning-brief
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,
WTI Gaps to 4 on Weekend Strike Escalation: Monday Frac Sector Setup
WTI opened Monday at $94.64/bbl, a $4.10 gap-up from Friday’s $90.54 close, as weekend reports of new U.S. air strikes on Iranian nuclear enrichment infrastructure reignited the geopolitical premium that had spent most of last week deflating. Brent moved in tandem, opening near
Week in Review: WTI’s $92 Friday and What the Rig Count Tells Us Next
WTI settles at $92.71 as the week's Iran-and-Kurdistan volatility fades. Baker Hughes rig count due 1pm CT. Gas diverges as LNG demand floors the market.
Iran Talk, Kurdistan Supply, and a $95 WTI Floor Test: Thursday's Global Brief
WTI slides to $95 on Israel-Lebanon ceasefire signals and Iran talk revival. Kurdistan pipeline restarts at 450K bbl/d. Henry Hub holds above $3.25. Thursday geopolitical brief.
WTI Recovers to $96 as EIA Inventory Data Looms: Wednesday Capital & RBL Season Wrap
WTI opens Wednesday at $96.34 as EIA weekly inventory data looms and spring RBL redetermination season wraps. The $87-$97 range of the past ten days has put operator capital decisions — and lender price decks — squarely in focus.
NOG Closes Duvernay, SM Clears $419M in Debt: Tuesday's Balance Sheet Signals at $91 WTI
Two filings crossed EDGAR overnight that tell the same story: operators and non-ops alike are using $90+ WTI to clean up balance sheets and move on acquisition targets they have been eyeing since prices broke lower in April. Northern Oil and Gas closed its CA$350 million Duvernay Shale