Diamondback (FANG) says Permian Basin will see a lot of gas takeaway coming on between 2027-2030
Diamondback Energy's assertion regarding increased gas takeaway in the Permian Basin between 2027-2030 signals a growing supply outlook that could fundamentally alter market dynamics in the gas sector.
Canada imposes sanctions on 100 vessels from Russia's shadow fleet, lowering its price cap for Russian crude to USD 44.10/bbl (prev. 47.60); Canada is renewing its military training mission in Ukraine for three years to 2029
Fed Governor Waller does not comment on monetary policy or the economic outlook; Fed is adopting a system-wide approach to deploying AI technology, it is being very careful integrating AI into its operations
Diamondback (FANG) says Permian Basin will see a lot of gas takeaway coming on between 2027-2030
Paramount Skydance (PSKY) confirmed it has submitted a revised Warner Bros. Discovery (WBD) proposal to acquire WBD
EU Trade Commissioner Sefcovic says US counterparts have reassured the EU that they will stand by the trade deal, European Parliament should target a vote to approve the deal in March
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This expectation of significant takeaway capacity may impact pricing and trade flows, particularly for WTI and associated commodities in the coming years, influencing both short- and long-term investment strategies.
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