Is Middle East Supply Risk And Tighter U.S. Crude Inventories Altering The Investment Case For Permian Resources (PR)?
Earlier this week, renewed fighting in the Middle East following the collapse of a four-day Iran–US truce, combined with a larger-than-expected drop in U.S. crude inventories, lifted oil prices and drew investor attention to U.S. shale producers such as Permian Resources. The episode underscored …