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PXD - Iran Escalation Fed Or China Deal Could Drive Oil Higher Soon
Pioneer Natural Resources Company
Multiple catalysts are lining up to drive the price of oil higher in the short term. Not all of these catalysts need to manifest in order to drive oil higher, but certain could have more impact that others.
With oil stocks beaten to a pulp, it seems reasonable to think that there's too much blood in the streets to ignore any longer. Regardless of whether Millennials will buy oil stocks, we know that private equity is willing. Here are the five Permian plays that I think are the best buys right now.