Is The Global Oil Market Too Dependent On Prospective Growth In The Permian?

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Market Commentary, Market Insights

In this article, we will review the latest Drilling Productivity Report (DPR) from the U.S. Energy Information Administration (EIA) for the period covering March 2018. In particular, we will focus on the metrics and trends for the premier shale basin in the U.S., the Permian located in West Texas and Eastern New Mexico, and what this may mean for the US Exploration and Production sector (XOP).
https://seekingalpha.com/article/4161289-global-oil-market-dependent-prospective-growth-permian

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