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Why oil companies are back in hiring mode

There's no question that the oil and gas industry has rebounded from the depths of the global pandemic, when prices plummeted to as low as $16.94 per barrel in April 2020. Today, crude prices stand at nearly $100 per barrel, driven in part by Russia's invasion of Ukraine. In response, BP, ExxonMobil, and Chevron, which have enjoyed nice bumps in their stock prices, are back in growth mode and hiring again.
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