Energy Intel — Tuesday, April 28, 2026
Spot: WTI $91.06 · Brent $103.40 · HH $2.81 · DXY 118.73 · 10Y 4.31%
Movers (>2.0%)
- USO +4.00% · last $140.11
Peer Board
| Ticker | Last | 1D | 5D | YTD | 52w Range |
|---|---|---|---|---|---|
| USO | $140.11 | +4.00% | +9.25% | +103.17% | 100% of 52w |
| OXY | $58.42 | +2.00% | +3.70% | +37.84% | 71% of 52w |
| CVX | $188.31 | +1.91% | +1.25% | +20.79% | 70% of 52w |
| XOM | $150.95 | +1.86% | +1.75% | +23.07% | 71% of 52w |
| OVV | $57.96 | +1.79% | +5.55% | +43.15% | 86% of 52w |
| COP | $123.68 | +1.64% | +2.84% | +27.90% | 79% of 52w |
| XLE | $57.65 | +1.55% | +3.19% | +26.29% | 78% of 52w |
| FANG | $198.98 | +1.30% | +4.83% | +30.61% | 96% of 52w |
| EOG | $134.82 | +1.20% | +1.80% | +25.68% | 69% of 52w |
| XOP | $171.13 | +0.97% | +3.71% | +32.70% | 78% of 52w |
| PR | $20.79 | +0.76% | +4.41% | +44.36% | 91% of 52w |
| APA | $38.62 | +0.51% | +2.73% | +52.31% | 80% of 52w |
| MTDR | $61.27 | +0.13% | +3.90% | +41.31% | 85% of 52w |
| UNG | $10.37 | -1.14% | -5.29% | -14.01% | 1% of 52w |
Fundamental Data
SPR level (2026-04-17): 405,045 kb
Signals
- Brent-WTI spread wide — $12.34/bbl (≥ $6.00); favors US export economics
Headlines
-
[OilPrice] UAE shock exit from OPEC+ effective May 1, stripping cartel of third-largest producer — Direct supply realignment pressures OPEC discipline and could reshape crude nomination/pricing dynamics for US producers competing for Asian buyers.
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[OilPrice] Brent crude spikes above $110 on Iran escalation and Strait of Hormuz closure; Asian LNG imports hit 7-year low — Sustained geopolitical risk premium and tightening global crude/condensate supply directly tighten WTI-Brent spread, boosting Permian realizations.
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[Rigzone] Shell to acquire ARC Resources in $16B deal, establishing Canada as heartland — Large-cap consolidation outside Permian signals competitive pressure on basin M&A multiples and capex allocation; potential asset swaps or downstream refocus among Permian operators.
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[Rigzone] BP more than doubles profit on "exceptional" oil trading amid Middle East war, offset production hits with Gulf of America gains — Demonstrates margin expansion in volatility and optionality value; signals Permian operators with downstream/trading arms see outsized earnings leverage to $100+ WTI regimes.
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[OilPrice] Saudi Arabia preparing sharp cut to June Asia OSPs from record May premiums — Middle East pricing easing could pressure Permian crude differentials if Saudi supply discipline weakens; watch for cascade impact on WTI sweet/sour spreads.
Generated 2026-04-28 18:00 UTC.