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Billionaires Further Pushing Permian Production Prospects Amid Oil Rally

Baystreet.ca

Renowned billionaires Stanley Druckenmiller and George Soros recently both signalled an affinity for the recovering oil industry, adding significant petroleum positions to their portfolios this month. With the global energy industry further rallying away from the worst crude crash in a generation, it appears that the sector is drawing favourable attention again—especially with strides being made in the Permian basin.

Among the companies that have attracted the wallets of Soros and ... Click here to view full article