OP: $180 billion and counting – what’s next for US shale M&A?
Oilprice.com‘s Tom Kool email to readers today: WTI crude is soaring back toward $80 per barrel ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
SEEKING ALPHA reports:
– U.S. crude oil futures closed above $82/bbl at a new seven-year high, as a natural gas supply crunch in Europe and optimism about demand in the U.S. continued to propel the recent rally.
– November WTI crude (CL1:COM) closed +1.2% to $82.28/bbl, for the best front-month finish since October 2014, while December Brent (CO1:COM) climbed above $85/bbl in London for the first time since 2018 before settling at $84.86.
– WTI rose 3.7% for the week and Brent added 3%, the eighth straight weekly gain for both…
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