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Market volatility drives up oil prices
PetrusPetrusAug 4, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and Gas

Market volatility drives up oil prices

High market volatility and geopolitical conflicts are keeping oil prices elevated, which supports the growth in production and profits for Diamondback Energy. The company has updated its forecasts and achieved record results, despite ongoing uncertainty about the timeline for global supply recovery.

#USA#volatility#prices#oil#production#shares
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