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:
– Crude oil prices and energy stocks are taking it on the chin as the concerns about a new COVID-19 variant are raising questions about global growth.
– WTI crude (CL1:COM) (NYSEARCA:USO) is down 6%, nearing $73/barrel and Brent (CO1:COM) is down 5.7%.
– WTI hasn’t been below $74/barrel since late September…
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