WTI Extends Losses After Biggest Crude Build In 3 Years [zero hedge]
Diamondback Energy, Inc. - Commmon Stock (FANG)
Last diamondback energy, inc. - commmon stock earnings: 2/18 04:01 pm
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Source: zero hedge
WTI Extends Losses After Biggest Crude Build In 3 Years Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran). "Iran, rather than backing down and agreeing to all and any term [U.S. President Trump] is placing on the table (as he had expected), is instead daring him to attack. "Just you try it and you will see what you will get!" is kind of what Iran implicitly said to Trump when it held military drills in the Straight of Hormuz last week," Bjarne Schieldrop, chief commodities analyst at SEB Research, wrote. But, prices dipped into negative territory after a Hezbollah official said the group will not intervene in the event of limited US strikes on Iran , AFP reported. “My preference is to solve this problem through diplomacy, but one thing is certain: I will never allow the world’s number one sponsor of terror, which they are by far, to have a n
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- 2/5/26 - Form 4
- FANG's page on the SEC website