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Major US Shale Producer To Boost Output, And It Suggests One Thing
Major US Shale Producer To Boost Output, And It Suggests One Thing
Last month, roughly three weeks into the U.S.-Iran conflict, UBS chief economist Arend Kapteyn told clients that one reason this Middle East energy shock is "not like the 2011-2014 shale boom" is the lack of a comparable response from the U.S. shale patch. In other words, the oil shock was viewed as temporary by major shale players and not worth adding new drilling rigs to the mix.
But now, on day 35 of Operation Epic Fury, that assumption about...
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May 7, 2026 / Tyler Durden
Planet Fitness Crashes Most On Record After Membership Slump Hits Outlook
Planet Fitness Crashes Most On Record After Membership Slump Hits Outlook
Planet Fitness shares crashed the most on record, according to Bloomberg data going back to 2015, after the budget gym operator slashed its full-year outlook, citing weaker-than-expected new-member sign-ups during the first quarter.
CEO Colleen Keating told analysts, "We faced some internal and external headwinds that impacted our join momentum year-to-date."
Keating said, "Our overall performance reflects the strength and resiliency of our model. However, the addition of more than 700,000 net new members during the quarter did not meet our...
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Jun 14, 2026 / Tyler Durden
Sweden Sees Russia-NATO Conflict In 'Relatively Near Future'
Sweden Sees Russia-NATO Conflict In 'Relatively Near Future'
Russia could test the NATO alliance's unity and its "all-for-one" collective defense commitments in the "relatively near future," Sweden’s Defense Commission has said, sounding the alarm in a fresh report issued Friday.
In the blunt interim report cited by Radio Sweden, the commission made it clear that Moscow's 'aggression' against the West is no longer a distant threat, but that "An armed attack against Sweden or our allies cannot be ruled out."
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So far throughout the Russia-Ukraine war, now in its fifth year,...
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Apr 15, 2026 / Jason Ditz
Growing Anger in Lebanon as Israel Continues Strikes, Attacks on Civilians After Talks
Tuesday’s direct talks between Israel and Lebanon were held with a lot more fanfare than they had consequence, and ended without a meaningful deal being agreed, and with Israel not even really slowing their attacks while the conversations were ongoing, let alone after. Continuing Israeli attacks deep into Lebanese territory, inflicting civilian casualties, are fueling […]
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