High oil prices have increased concerns about a recession, which would likely be accompanied by a market crash.
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High oil prices have increased concerns about a recession, which would likely be accompanied by a market crash.
Shale companies are cautiously dialing up output and hinting at a prolonged period of high oil prices.
Diamondback Energy (NASDAQ:FANG) used its first quarter 2026 conference call to explain a shift toward what CEO Kaes Van’t Hof described as a “green light framework,” signaling higher activity levels amid what he called a clear market signal following a major global oil supply disruption. Management
OIl prices jumped on Iran news. Diamondback Energy, Transocean and Tidewater prepare to report earnings. The oil stocks traded near highs.