Diamondback bets on wider WTI-Brent gap amid US export ban concerns

AI Summary

Diamondback is strategizing around the widening gap in oil prices between WTI and Brent, as concerns over U.S. export bans create market fluctuations. These factors are critical for investors in both commodities and energy sectors.

The spread between WTI and Brent was trading at minus $9.29 a barrel on Friday. It had traded as low as minus $20.69 in March amid concerns that ...