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The Bounce Fades: WTI Gives Back Thursday's Strike Gains and Returns Below $89

The Bounce Fades: WTI Gives Back Thursday's Strike Gains and Returns Below $89

WTI opened Thursday at $90.17, lifted overnight by U.S. strikes on Iranian missile sites east of Bandar Abbas. By early afternoon, the market had given it all back. The front-month contract faded to $88.76 at close — below Wednesday's sub-$90 print, and below every

Strikes Reverse the Sub-$90 Print: WTI Back at $90 as Hormuz Tankers Clear and Iran Talks Crack

Strikes Reverse the Sub-$90 Print: WTI Back at $90 as Hormuz Tankers Clear and Iran Talks Crack

Fresh U.S. strikes on Iranian military targets sent WTI back above $90 overnight, three tankers cleared Hormuz, and Europe is accelerating LNG diversification toward Canada.

WTI Crosses $90 in the Wrong Direction: Wednesday's Close and What Operators Do Next

WTI Crosses $90 in the Wrong Direction: Wednesday's Close and What Operators Do Next

WTI at $89.37, Brent $92.91, HH +6.6%. The price close below $90 changes the H2 capital allocation conversation for Permian operators. Here's what it means.

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

Iran Deal Optimism Sends WTI to $90: Wednesday's Three-Front Pressure Test

Iran Deal Optimism Sends WTI to $90: Wednesday's Three-Front Pressure Test

Iran deal optimism is driving crude’s third major stress test in as many weeks. WTI is down more than $4 this morning on renewed speculation that US-Iran nuclear talks are moving toward a framework agreement — the same thesis that broke crude below $100 over Memorial Day weekend before

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.

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