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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72 per barrel , marking a 5.2% per barrel of oil equivalent (boe) , up 15.6% increase compared to the third quarter.

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