Oil rises as markets expect continuous fall of inventories [Financial Post (Toronto, Ontario, Canada)]
Diamondback Energy, Inc. (FANG)
Last diamondback energy, inc. earnings: 2/18 04:01 pm
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Source: Financial Post
previous session due to lingering concern over rising cases of the Delta coronavirus variant. Brent, the international benchmark for oil prices, rose 60 cents, or 0.8%, to $73.49 a barrel, at 0905 GMT. 18 best online deals in the Canadian retail space right now Advertisement U.S. West Texas Intermediate (WTI) crude was up 63 cents, or 0.9%, at $71.89 a barrel. Both markets dropped more than 3% on Monday. “Some market participants see Monday's price set-back as a bit exaggerated, considering that we are likely to see another decline in oil inventory this week,” UBS analyst Giovanni Staunovo said. Advertisement Article content A preliminary Reuters poll showed U.S. crude and product inventories likely declined last week with both distillates and gasoline stockpiles predicted to have fallen for a third straight week. Despite recent fluctuations, oil prices are high and healthy, lifting earnings of major oil firms. BP, Diamondback Energy Inc, Continental Resources Inc
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FANG
Earnings
- 2/20/24 - Beat
FANG
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form 8-K
- 4/18/24 - Form DEFA14A
- FANG's page on the SEC website