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Oil Theft Surges in Permian Basin as Crude Prices Near $100

Nearly half of firms focused on the Permian Basin report theft impacting operations, according to the Dallas Fed, as organized crews target crude, piping, and equipment amid a 60% rise in WTI prices.

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Nearly half of firms focused on the Permian Basin report theft impacting operations, according to the Dallas Fed, as organized crews target crude, piping, and equipment amid a 60% rise in WTI prices.

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