News

Trade policies and market volatility are threatening US oil production growth, particularly in the Permian Basin, as companies ... rates have now given way to a much higher returns threshold.
Most Texan oil is extracted from the Permian Basin, a region that stretches across western Texas and into a small corner of southeastern New Mexico. It takes its name from the Permian period – a ...
Severe weather season has arrived in the Permian Basin, and oil and gas service firms are prepared for thunderstorms, ...
Most of it is drilled in the Permian Basin, a stretch of land ... meaning it is much more unlikely for a dramatic shortage of oil to occur. ”Unless tariffs become permanent at levels which ...
Oil prices fell to their lowest level in years on Monday as worries about the reciprocal tariffs President Donald Trump ...
Oil markets are fundamentally risk-avid and react obsessively in times of geopolitical unrest, ignoring other factors.
Nearly all of the US Lower 48 oil growth this year is pegged to come from the Permian Basin. While Permian breakevens ... rates have now given way to a much higher returns threshold.