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Diamondback among E&P laggards as Midland differential weakens

Published 05/24/2018, 03:52 PM
© Reuters.  Diamondback among E&P laggards as Midland differential weakens
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  • Diamondback Energy (FANG -3.2%) sinks more than 3% as the Midland crude differential widened $3.25 to $12.75/bbl today, according to Bloomberg data.
  • Analysts at Raymond James said earlier this week that they expect the Midland discount to remain at least $10/bbl for most of 2019.
  • Source: Bloomberg First Word
  • Earlier: Crude oil prices lose steam on expectations of more production (May 24)
  • ETFs: XOP, GUSH, DRIP, IEO, NDP, PXE
  • Now read: Energy First Quarter Review And The Outlook For Q2 2018


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