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WTI Gaps to 4 on Weekend Strike Escalation: Monday Frac Sector Setup

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

WTI's $90 Friday: Rig Count Holds, Both Commodities Fall, and the Pattern That Has to Break

WTI's $90 Friday: Rig Count Holds, Both Commodities Fall, and the Pattern That Has to Break

WTI closed at $90.32 Friday, down nearly 3%, with Brent and natural gas both selling off. Baker Hughes rig count held flat at 551. Two $90 tests in two weeks — what breaks the pattern.

The $92 Floor Test: SLB, RPC, and Archrock Signal Where Production Services Go From Here

The $92 Floor Test: SLB, RPC, and Archrock Signal Where Production Services Go From Here

SLB (NYSE: SLB) | RPC Inc (NYSE: RES) | Archrock (NYSE: AROC) | Source data: SLB Q1 2026 10-Q (filed April 29, 2026), SLB Q1 2026 8-K Exhibit 99 (April 24, 2026), RPC Q1 2026 10-Q (filed May 8, 2026), Archrock Q1 2026 10-Q (filed May 8, 2026), Baker

Iran Talk, Kurdistan Supply, and a $95 WTI Floor Test: Thursday's Global Brief

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.

The Day-Rate Thesis at $96: What H&P, PTEN, and Nabors Need From Here

The Day-Rate Thesis at $96: What H&P, PTEN, and Nabors Need From Here

HP | NYSE | PTEN | NYSE | NBR | NYSE | Source data: Q1 2026 earnings releases, 10-Q filings (PTEN filed 2026-04-28; NBR filed 2026-05-01), PTEN investor presentation (8-K Item 7.01, May 2026), SEC EDGAR, Baker Hughes rig count data, Yahoo Finance WTI closed June 3 at $96.

The Completion Proxy Doesn't Lie: Water Services Revenue Down 15% YoY at $91 WTI

The Completion Proxy Doesn't Lie: Water Services Revenue Down 15% YoY at $91 WTI

TETRA Technologies and Select Water Solutions Q1 2026 data reveals US completion-activity-sensitive water services revenue fell 15% year-over-year despite $93 WTI. What the proxy signal means for Q2.

Iran Pulls the Plug: WTI Surges to $92 as Talks Break Down and Weatherford Makes Its Move

Iran Pulls the Plug: WTI Surges to $92 as Talks Break Down and Weatherford Makes Its Move

WTI closed Monday at $90.63 — up 3.59% from Friday — but that was before Iran suspended communications with Washington. By mid-afternoon, crude had surged again, with Brent hitting $96.10 and WTI above $92. The morning's geopolitical bid just became the afternoon's price discovery.