Oil companies received a record-high number of permits to drill in the oil-rich Permian Basin areas of Texas and New Mexico last month, a sign that U.S. crude output is likely to surge, analysts at research firm Rystad Energy said Wednesday.
Oil companies received a record-high number of permits to drill in the oil-rich Permian Basin areas of Texas and New Mexico last month, a sign that U.S. crude output is likely to surge, analysts at research firm Rystad Energy said Wednesday.
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