3 Permian Stocks to Gain as Oil Price is Quite Healthy

The ongoing rise in oil prices is fueling a bullish trend, encouraging more exploration and production activities. Companies in the upstream sector are likely to expand their operations in lucrative shale reserves, leading to a higher number of drilling rigs. This increase in drilling activity is anticipated to boost production, providing advantages for businesses engaged in exploration and production.  Oil Price Still HighWest Texas Intermediate crude price is trading at more than $75 per barrel, which is ...