Post Tagged with: "oil giants"

Oil Giants Won’t Bail Out Overpriced Independents in the Permian Basin

Oil Giants Won’t Bail Out Overpriced Independents in the Permian Basin

Permian drillers may have to be squeezed by weak prices for a bit longer before they dial down their expectations: Exxon CEO Woods

From Bloomberg

HOUSTON (Bloomberg) — Oil giants probably won’t be buying up the Permian basin’s struggling independent …