Is The Permian Boom Slowing Down???

Is the promise of the Permian is shrinking??? Producers in the nation’s oil-rich shale basins are dialing back growth plans in the face of a growing panoply of problems that’s killing returns, and keeping skeptical investors away. The constraints are manifold: pipeline limits, reduced flow from wells drilled […]

Oil Prices Surge Over $60 a Barrel

Oil extended gains after closing at a seven-week high as a third of the Gulf of Mexico’s crude output was halted by a storm and U.S. crude inventories declined more than expected. Rig Square Caps πŸ”₯πŸ”₯πŸ”₯ Futures in New York rose as much as 0.8% after settling above […]