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Oil Gains as Traders Grapple With Mixed US Messages on Hormuz

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The Permian Basin — a sprawling shale patch beneath Texas and New Mexico — is described as North America's most prolific shale region. The article is a photo caption noting a pumpjack in Martin County, Texas on March 15, 2025; no new market-moving data or figures are provided.

Analysis

The Permian Basin — a sprawling shale patch beneath Texas and New Mexico — is described as North America's most prolific shale region. The article is a photo caption noting a pumpjack in Martin County, Texas on March 15, 2025; no new market-moving data or figures are provided.

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