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Oil Is Challenged Because of Permian Production, Jim Cramer Says

May 21, 2023
in Trade Tube
Reading Time: 1 min read
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Permian oil production is doubling, according to TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer.

“Oil is challenged here because of how much is coming out of the Permian,” Cramer said, adding that Saudi Arabia is shipping less oil to the U.S.

source

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