U.S. Shale Production Continues Its Decline

1. Energy catches fire amid broad rally- Oil prices have remained mostly stuck in the low-$40s for months, but the oil market has participated in the broader lift in financial markets stemming from optimism surrounding effective vaccines. - Oil prices surged to their highest levels since March this week. Needless to say, energy stocks rocketed upwards on the news. - Diamondback Energy (NASDAQ: FANG) shot up more than 15 percent over two trading days. - “It’s a total change of vibe,” Robert Yawger, director of the futures division…