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Business & Economics

Lower Oil Prices Threaten Permian Basin Growth

OilPrice
Summary
Nutrition label

80% Informative

WTI crude prices dipped into the low $ 60 per barrel range following President Donald Trump ’s sweeping tariffs announced on 2 April .

Rystad Energy finds that additional corporate items, including higher hurdle rates, dividend payments and debt service costs, means that the “all-in” corporate cash flow breakeven for many US oil players is closer to $ 62.50 WTI.

Nearly all of the US Lower 48 oil growth this year is pegged to come from the Permian Basin .

VR Score

83

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82

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43

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formal

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English

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short-lived

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