Diamondback Energy is on track to announce a major acquisition in the Permian this week, boosting its presence there with the takeover of Double Eagle, which could be worth $5 billion.
A crude oil price decline that started last week extended today with a fresh dip for the benchmarks amid multiplying signs that the end of the war in Ukraine may well be on the way.
Curious Minds Corner
What is the largest oil spill in history, and how much oil was spilled?
The largest oil spill in history is the Deepwater Horizon spill in 2010, which released approximately 4.9 million barrels of oil into the Gulf of Mexico.