Chron.com | Oil set for weekly gain on rebalancing signs from U.S. to China - Houston Chronicle Chron.com 15, 2016, by the U.S. Geological Survey that the Wolfcamp Shale in the Midland region could yield 20 billion barrels of oil is another sign that "the revival of the Permian Basin is going to last a couple of decades." (James Durbin/Reporter-Telegram ... IEA: Oil Prices To Hit A Ceiling In 2018 | OilPrice.com Top global trading houses see range-bound, stable oil price OPEC Sees Oil Inventory Glut Finally Gone in One Year - Bloomberg |