Low crude prices and oil demand uncertainty will hamper near-term growth in Permian

Low Crude Prices and Oil Demand Uncertainty Will Hamper Near-term Growth in Permian

EisnerAmper

The Permian Basin, the largest oil producing region in the U.S., has been impacted the most by the COVID-19 pandemic. Since March 2020, several producing wells in the region have shut down and there has been a decrease in drilling rig counts, which has led to a drop in its…

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