Day: April 13, 2019

 

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Daily Perspective
Oil
Shale Oil

Here’s Why the Oil Sector Roared Higher on Friday

Several of the most prominent U.S. shale producers posted their best daily gains of the year on Friday after news broke of a historic acquisition by Chevron Corp. (CVX), the country’s second-largest energy company. The deal’s announcement sent investors into a buying frenzy, lifting shares of Texas- and New Mexico-based energy firms like Pioneer Natural […]

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