The $70 Break: China's Import Collapse Ends the Floor Debate WTI broke $70 for the first time since Hormuz escalation began — driven by Chinese import data showing demand at 2018 lows. The EIA draw was massive. The market doesn't care.
Diamondback's $3B Credit Expansion Is a Message to Lenders: Permian Operators Aren't Panicking at $75 WTI (FANG) FANG | NASDAQ | Source data: Diamondback Energy 8-K filed June 15, 2026 (SEC accession 0001104659-26-074049); FANG Q1 2026 earnings release; EIA data; Yahoo Finance live spot pricing Diamondback Energy expanded its revolving credit facility from $2.5 billion to $3.0 billion last week. The deal closed June
