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Diamondback Sees Peak Supply Looming in US Shale Patch

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Diamondback Energy executives on Tuesday suggested that US shale oil production has peaked at current prices and that further growth could prove difficult in any case as major domestic unconventional basins reach maturity.

Topics:
Corporate Strategy, Earnings, Capital Spending, Independent E&Ps, Rig Count, Shale, Tariffs, Macroeconomics, Oil Supply, Oil Prices
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