Brent crude and West Texas Intermediate (WTI) oil prices reached their highest levels in more than a month recently, Naeem Aslam, CIO at Zaye Capital Markets, highlighted in a market analysis sent to Rigzone today.
Magnolia Oil & Gas said on Monday it had agreed to acquire WildFire Energy for about $4.06 billion, including debt, to expand its position in the Giddings field in South Texas.
Curious Minds Corner
What process removes impurities from crude oil by separating it into fractions?