May Begins With WTI at $100: UAE Exits OPEC, Supermajors Report, Production Services Pivots
April closed with WTI at $99.89 and Brent above $113 — the first month since mid-2022 where crude held above $95 for the entire four weeks. That consistency is the story. Not a single spike, not a one-day event. A floor built on OPEC structural change, Hormuz premium,