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Permian Break-Even Costs Low: 3 Energy Stocks to Gain - Chevron (NYSE:CVX), Diamondback Energy (NASDAQ:FANG)

With its low break-even costs and reliable regulatory framework, the Permian Basin presents an appealing opportunity for oil and gas investors seeking sustained growth and profitability over the long haul. The current favorable oil pricing environment further enhances the business outlook in the United States' most prolific basin. Rising Oil Prices

Permian Break-Even Costs Low: 3 Energy Stocks to Gain

It would be wise for investors to monitor three prominent energy companies operating in the Permian, like ExxonMobil (XOM), Chevron (CVX) and Diamondback (FANG).

Breakwave Dry Bulk Shipping Report 4.9.2024 | Hellenic Shipping News Worldwide

Oil Prices Hit 6-Month High, Sparking Inflation Worries And Economic Uncertainty

The global standard, Brent crude, hasnt reached these levels since October, primarily due to increasing tensions in the volatile Middle East.

Biden Admin. Cancels Oil Purchase For US Reserve As Crude Prices Jump

Surging crude prices have forced the Biden administration to postpone the refilling of the US oil reserve, with the Energy Department reportedly saying on Wednesday that it will not pursue a 3-million barrel purchase in “taxpayers interest” and analysts adding that the situation would likely continue.