3 Permian Explorers Poised to Gain as Oil Prices Stay High

The persistent bullishness in oil prices is fostering increased exploration and production endeavors. It is anticipated that upstream companies will broaden their activities in the prolific shale resources, resulting in a surge in the deployment of drilling rigs. With the escalation in drilling operations, production is poised to rise in domestic resources such as the Permian Basin, offering advantages to enterprises involved in exploration and production.Oil Price HighWest Texas Intermediate (WTI) crude is ...