WS #13347
Oil prices drop over 7% on de-escalation signals, OPEC+ confirms 188k bpd production increase, but Trump's 'last chance' rhetoric and Iranian threats keep risk elevated. Diamondback Energy beats with EPS $6.48 vs $6.08, revenue $5.56B, raises production guidance; Viper Energy increases dividend 32%.
US-Iran de-escalation and oil price plunge
Oil prices drop over 7% on de-escalation signals, OPEC+ confirms 188k bpd production increase, but Trump's 'last chance' rhetoric and Iranian threats keep risk elevated.
Diamondback Energy beats with EPS $6.48 vs $6.08, revenue $5.56B, raises production guidance; Viper Energy increases dividend 32%.