morning-brief

WTI: $92.24  |  Brent: $95.81  |  Henry Hub: $2.58/MMBtu Prices as of Wednesday morning open, April 15, 2026 (Yahoo Finance) Market Pulse Crude benchmarks are holding elevated territory this morning as geopolitical risk premium refuses to fade. WTI settled at $92.24/bbl and Brent at $95.81/

April 14, 2026 — Houston Two EDGAR filings, one $3 billion deal close, and a multi-billion-dollar international contract win — Tuesday's upstream tape is loud before the market even opens. Diamondback Energy dropped Q1 2026 preliminary results late Monday, Ovintiv officially shut the books on its Anadarko exit, and Halliburton

Weekly Setup — Monday, April 13, 2026 Oil markets open this week with a stabilized but elevated price deck, a confirmed deepwater discovery in the Gulf of America, and shale drillers facing the key question of whether $95+ WTI is enough to break their hard-won capital discipline. Q1 2026 earnings season

A volatile week for crude markets ends with more questions than answers: the Iran-U.S. ceasefire that briefly crashed WTI $18 on Tuesday is already fraying, Iranian forces re-mined key Hormuz approaches, and prices have clawed back toward the $98 handle. For U.S. upstream, the week was a stress

April 9, 2026 — Houston The ceasefire lasted less than 24 hours. Iran has reportedly re-closed the Strait of Hormuz, with IRGC forces mining the passage and Iranian state media publishing charts showing a "danger zone" along the normal tanker transit route. Iranian drones also struck a pumping station

April 8, 2026 — Houston WTI crude collapsed $18.34 overnight — its largest single-session percentage decline since the COVID demand shock of 2020. The trigger: a conditional two-week ceasefire agreement between the U.S. and Iran announced late Tuesday by President Trump, which sent oil markets into a full risk-off unwind.