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• Diamondback Energy Reportedly Exploring Delaware Basin Asset Sale
  Diamondback Energy is reportedly exploring the sale of its Delaware Basin assets in Pecos County, Texas,...
  Diamondback Energy is reportedly exploring the sale of its Delaware Basin assets in Pecos County, Texas, according to an April 11 Bloomberg report.
  
  The report, which quoted unnamed sources familiar with the matter, said no final decision had been made on a divestiture. Analysts, writing in an April 11 note, said Diamondback’s Delaware Basin assets “are inferior to its core Midland Basin footprint, in our view, and struggle to compete for capital.”
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• ☕️What Else is Brewing Wednesday Morning
  EY tossed its big plan to separate its audit and consulting divisions after facing pushback from...
  EY tossed its big plan to separate its audit and consulting divisions after facing pushback from some partners.
  
  A Whole Foods flagship store that opened last year in downtown SF is closing its doors temporarily, citing crime that threatens the safety of its employees.
  
  Chipotle unveiled an all-electric store design that will eliminate those sizzling gas grills in the name of sustainability.
  
  What you need to know about the legal fight over the abortion pill mifepristone.
  
  YouTube TV has begun selling NFL Sunday Ticket, which it recently acquired the rights to. The package starts at $249 for the upcoming season.
  
  An elephant at the Berlin Zoo learned how to peel a banana.
  
  
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• What a $300 million donation to Harvard will get you:
  ..your name ...
  ..your name on a grad school. The university is changing the name of its grad school to the Harvard Kenneth C. Griffin Graduate School of Arts and Sciences after—you guessed it—hedge fund billionaire Ken Griffin made a $300 million donation to Harvard University. Griffin has now given more than $500 million in total to Harvard, where he graduated in 1989 before making his billions and buying a $43.2 million copy of the Constitution at his son’s request. Griffin’s $150 million gift to Harvard in 2014 for financial aid remains the largest single donation for undergrad assistance, according to Bloomberg.
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• API Reports Build in Crude Oil Inventories
  The American Petroleum Institute (API) on Tuesday reported a build of 377,000 barrels of crude...
  The American Petroleum Institute (API) on Tuesday reported a build of 377,000 barrels of crude with analysts expecting a 1.3MM barrel draw.  The total number of barrels of crude oil gained so far this year is still more than 49 million barrels.
  
  This week, SPR inventory dropped for the second week in a row losing 1.6 million barrels for the week to reach 369.6 million barrels—the lowest amount of crude oil in the SPR since November 1983.
  
  Gasoline inventories rose by 450,000 barrels after falling in the week prior by 3.970 million barrels. Distillate inventories fell by 1.98 million barrels after decreasing by 3.693 million barrels in the week prior.
  
  Inventories at Cushing, Oklahoma, decreased by 1.36 million barrels—after falling 1.035 million barrels last week.
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• Closing Oil & Gas Prices for Tuesday
  West Texas Intermediate crude went up 2.2% on a $1.79 a barrel...
  West Texas Intermediate crude went up 2.2% on a $1.79 a barrel increase to $81.53 on the New York Mercantile Exchange.
  

  Global benchmark Brent crude increased 1.7% or $1.43 a barrel to $85.61 on ICE Futures Europe.

  
  

  May natural gas rose 1 cent to $2.19 per 1,000 cubic feet.

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