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U.S. oil firms facing slowest Permian oil output growth since pandemic, with costs rising too

Mar. 28, 2025 6:55 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, GFI, HMY, DBO, UUUU, UNG, FCG, USL, SCO, UNL, BNO, LTBR, BOIL, KOLD, GUSH, DRIP, BE, USOI, NFE, CO1:COM, NG1:COM, CL1:COM, MAXN, SMR, OKLO, NXXT, WAVE, USAR, VGBy: Carl Surran, SA News Editor
U.S. oil firms facing slowest Permian oil output growth since pandemic, with costs rising too

SlavkoSereda/iStock via Getty Images

Crude oil futures gained for a third straight week, as U.S. sanctions against Iranian and Venezuelan oil raised some near-term supply concerns, even with OPEC+ due to start unwinding some production cuts next week.

President Trump's decision to impose a


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