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Sixty2nds's avatar

Oil note...Diamondback says "we should be the consolidator of choice"

https://finance.yahoo.com/news/diamondback-says-permians-consolidator-choice-142700430.html

Dave Groom's avatar

“The company said it was hard to be bullish on oil, adding that shale producers were increasingly running scenarios based on $50–$60 oil, versus $60–$80 in recent years.”