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Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices

Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices With oil prices soaring to multi-year highs, it was only a matter of time: Diamondback Energy, one of the largest shale oil producers, announced it is boosting crude output in response to rising prices caused by the Iran war. The company that operates in the Permian Basin of West Texas and New Mexico is pumping more than 520,000 barrels a day, 3% more than its original full-year guidance, and plans to sustains those levels, Chief Executive Officer Kaes Van’t Hof...
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Mar 23, 2026 / Dave DeCamp
‘Unprecedented’ US-Israeli Strikes Reported in Tehran Despite Trump’s Talk of Diplomacy
An Al Jazeera correspondent based in Tehran reported “unprecedented” US-Israeli strikes on the Iranian capital on Monday despite President Trump’s insistence that progress was being made toward a diplomatic solution, a claim Iranian officials have rejected. The Israeli Air Force announced that it was conducting a “wave” of airstrikes across Tehran and that it bombarded […]
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Jun 17, 2026 / Tyler Durden
Congress Moves To Boost Drone Funding As "War Unicorns" See Possible Procurement Supercycle
Congress Moves To Boost Drone Funding As "War Unicorns" See Possible Procurement Supercycle Needham analysts see increasing congressional support for drones and counter-drone technologies as lawmakers advance the latest FY27 National Defense Authorization Act and related appropriations bills. This is bullish for defense-tech "war unicorns" specializing in drones, robotics, autonomy, and counter-UAS systems, as the Trump war economy shifts into higher gear. Analyst Austin Bohlig launched Needham's FY27 Defense Budget Tracker, which provides clients with updates on next-generation defense technologies, especially drones, robotics, and autonomous systems. Bohlig said the defense funding framework...
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Apr 28, 2026 / Tyler Durden
Orbán Vs Magyar: Did The EU Get Played?
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