Sign in Subscribe

oilfield-services

The Bounce Back: What $94 WTI Does to the H2 Frac Repricing Calculus for PUMP, PTEN, and LBRT

The Bounce Back: What $94 WTI Does to the H2 Frac Repricing Calculus for PUMP, PTEN, and LBRT

PUMP | NYSE | PTEN | Nasdaq | LBRT | NYSE | Source data: Q1 2026 earnings releases, 10-Q filings (PUMP Apr 30, PTEN Apr 28), Baker Hughes rig count data, Yahoo Finance, June 1, 2026 WTI hit $87.91 Friday. Looked like the geopolitical floor was cracking. Then the weekend brought US strikes on

Oil tanker at sea amid rough conditions

Strikes Reopen the Premium: WTI Bounces to $90 as France Seizes Sanctioned Russian Tanker

WTI rebounds to $90.63 as weekend U.S. strikes and Israel-Lebanon escalation reverse Friday's selloff; France seizes sanctioned Russian tanker in first Atlantic interdiction; Goldman flags demand destruction as counter-weight to supply shock.

The Week the Premium Died: WTI Closes at $87.91 as Friday's Close Frames the New Reality

The Week the Premium Died: WTI Closes at $87.91 as Friday's Close Frames the New Reality

WTI settled at $87.91 Friday — the fourth close in the $87-$89 band and the lowest sustained range since before the Hormuz premium built. The Iran risk premium is gone. Here's what it means.

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

Production services sector | Friday week-close beat | Source data: SLB Q1 2026 earnings (Production Systems segment — includes ChampionX, acquired Q3 2025), Archrock Q1 2026 10-Q (filed May 6, 2026), RPC Inc Q1 2026 10-Q (filed May 8, 2026), Yahoo Finance (WTI $87.91, Brent $91.67, HH $3.

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

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

HAL | NYSE | SLB | NYSE | BKR | NASDAQ | Source data: Q1 2026 earnings releases and 10-Q filings (SEC EDGAR), FRED commodity price series, Baker Hughes rig count Halliburton and SLB both reported North America completions under pressure in Q1 2026: softer stimulation volumes, lower artificial lift activity, compressed margins. Yet both

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

HP | NYSE | PTEN | NASDAQ | NBR | NYSE | Source data: H&P Q2 FY2026 earnings release (8-K, May 6, 2026), Patterson-UTI May 2026 investor presentation (8-K Item 7.01, May 26, 2026), Nabors Q1 2026 earnings (8-K Item 2.02, April 28, 2026), FRED WTI daily price