Goldman Sachs says that the slowdown of drilling in the festival basin should support oil prices

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May 24, 2025 20:05 etUnited States Oil Fund, LP ETF (USO), XLEAes, uco, fcelExhalation, GPRE, SSL, UUK, UUK, RUN, CL1: CL1: CL1: CL1: CL1: CL1: CL1: CL1: CL1: CL1: CL1: CL1: CL1: CLD SLISR, Maxlen, TMC, SWC, PPTA, Oklo, AKSPW, ASPW, ANEPW, VG, VG, VG, VG.By: Carl Surran, SA News editor

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The slowdown of drilling operations in the Permian basin should Provide basic support In order for oil prices, Goldman Sachs said in the latest energy note this month.

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The bank said that the total number of American and FRAC platforms – referring to the number

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