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Production Services at $87: The Week the Demand Premium Died and What It Means for ChampionX, Newpark, and RPC

Production Services at $87: The Week the Demand Premium Died and What It Means for ChampionX, Newpark, and RPC

CIR Editorial 29 May 2026
Saudi Slashes July OSPs as WTI Closes Below $88: The Demand Signal Is Official

Saudi Slashes July OSPs as WTI Closes Below $88: The Demand Signal Is Official

WTI finished Friday morning at $87.71, the lowest print since the Hormuz disruption first priced a geopolitical premium into crude in April. The number matters less than what's confirming it: Saudi Arabia is cutting its July official selling prices for Asian buyers by $3 to $8 per
CIR Research Desk 29 May 2026
The $90 Test: HAL and SLB Completions Diverge as North America Softens and International Holds

The $90 Test: HAL and SLB Completions Diverge as North America Softens and International Holds

CIR Editorial 28 May 2026
The Day-Rate Thesis at $90: What H&P, PTEN, and Nabors Need From Here

The Day-Rate Thesis at $90: What H&P, PTEN, and Nabors Need From Here

CIR Editorial 27 May 2026
NOG Goes to Canada, PTEN Fires a Signal: Tuesday's Close in Two Moves

NOG Goes to Canada, PTEN Fires a Signal: Tuesday's Close in Two Moves

Northern Oil and Gas makes its first international move with a CA$350M Duvernay deal, Patterson-UTI upgrades Q2 outlook, and natural gas surges 5% on low supply and LNG demand. Tuesday's market in two signals.
CIR Research Desk 26 May 2026
What $92 WTI Means for Flowback: TETRA and Select Water's Q2 Signals

What $92 WTI Means for Flowback: TETRA and Select Water's Q2 Signals

CIR Editorial 26 May 2026
The $90 Floor Test: What Memorial Day's WTI Break Means for Operators This Week

The $90 Floor Test: What Memorial Day's WTI Break Means for Operators This Week

CIR Editorial 25 May 2026

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