Brief Archive
Historical WTI Crude Market Intelligence Briefs — EIA WPSR weekly analysis
All Briefs
MAY 8, 2026CURRENTTRANSITIONAL
WTI Slides 6.4% to $95.42 as Presidential Rhetoric Deflates Value — Massive Bullish EIA Sweep Artificially Overridden by Geopolitics
WTI$95.42-6.52 WoW
CRACK$57.92/bbl
BIAS▲CAUTIOUSLY BULLISH
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APRIL 30, 2026TRANSITIONAL
WTI Surges 8.9% on Historic Inventory Sweep as Brent-WTI Spread Collapses $5.47 — Ceasefire Normalization Now Caps Upside
WTI$104.39+8.54 WoW
CRACK$53.42/bbl
BIAS▲CAUTIOUSLY BULLISH
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APRIL 23, 2026TRANSITIONAL
Crude Build Overwhelms Product Strength as Brent Premium Jumps to $9, OVX Stays in PANIC
WTI$96.41+1.72 WoW
CRACK$56.92/bbl
BIAS▼BEARISH
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APRIL 16, 2026TRANSITIONAL
WTI Craters 8% as Ceasefire Holds — Strong Product Draws Can't Offset Risk Premium Collapse
WTI$94.69-7.95 WoW
CRACK$47.55/bbl
BIAS▼BEARISH
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APRIL 9, 2026DIVERGENT
Transition Regime: Tight Fundamentals vs Fading Risk Premium
WTI$97.87-2.25 WoW
CRACK$41.27/bbl
BIAS▲CAUTIOUSLY BULLISH
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APRIL 4, 2026LOOSENING
Inventory Build Accelerates — Crack Compression Signals Demand Softness
WTI$72.10-1.15 WoW
CRACK$23.4/bbl
BIAS▼BEARISH
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MARCH 28, 2026TIGHTENING
Strong Draw Across the Board — Backwardation Deepens, Crack Spreads at YTD Highs
WTI$73.25+2.31 WoW
CRACK$26.8/bbl
BIAS▲BULLISH
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Call History
| WEEK ENDING | CALL | OUTCOME | WTI Δ | NOTES |
|---|---|---|---|---|
| April 30, 2026 | ▲CAUTIOUSLY BULLISH | WIN | +4.10/bbl | Short Brent / Long WTI — spread compressed $9.03 → $5.50. Target met. +1.7R · Portfolio: +1.7% |
| April 28, 2026 | ▲CAUTIOUSLY BULLISH | LOSS | +0.04/bbl | Iron Condor ("Hormuz Deadlock") — closed at $2.70 vs $2.50 credit. –8% premium. –0.08R · Portfolio: –0.04% |
| May 7, 2026 | ▲BULLISH | LOSS | -4.40/bbl | Long WTI (June) @ $96.20 — stopped out at $92.00. Return: –4.4% · Portfolio impact: –0.9% |
| May 17, 2026 | ▲BULLISH | WIN | +10.40/bbl | Long WTI (July) @ $95.10 — target met at $105.00. Return: +10.4% · Portfolio impact: +2.6% |