New IHS Markit Outlook – “Stunning” Permian Basin oil production to more than double from 2017-2023, exceeding expectations (BUSINESS WIRE)–Jun 13, 2018–Oil production in the Permian Basin, already a major force in global supply growth, will rise nearly 3 mbd by 2023—a level of growth exceeding most recent estimates, a new outlook by business information provider IHS Markit (Nasdaq: INFO) …