The U.S. oil market is undergoing very interesting developments as it has managed to consolidate monetarily but also produce more. However, this has led to industry employing 25% less workforce. The Frac Spread Count data and research into the trends of oil and gas employment reveals a rapidly evolving industry where efficiency and technology dominate. This update also speaks about the latest data coming in from China, U.S. and Eurozone to shed light on the global economic sentiment.

1. MMV: What is the Frac Spread Count telling us about jobs in oil and gas industry? – PREMIUM

The U.S. oil and gas industry continues to evolve, with efficiency and adaptation at its core. A key metric that offers real-time insights into the sector’s health is the Frac Spread Count (FSC). At the start of U.S. fracking boom where the industry doubled in size in 10 years. Fast forward 2024, rig count has fallen by 28% but the oil production has still risen. Read the article find what impact it will have on the the oil production.

2. MST: China meet its growth target – PREMIUM

China’s economic performance in 2024 hit its growth target, but the story behind the numbers is more complex. In the U.S. : December’s core CPI rose by just 0.2%, marking its first deceleration in half a year and providing a hopeful signal that inflationary pressures may be cooling. In the Eurozone: Growth is on track to accelerate, with forecasts projecting 0.8% in 2024 and 1.6% by 2026, signaling a slow but steady recovery. Read the article to learn further about latest data points and insights regarding the global economy.

3. PRIMARY VISION INSIGHTS – ENTERPRISE

The oil markets have seen a strong spike to start the year with the recent surge driven by renewed sanctions on Russian crude. There has been a big concern around production growth expectations in “non-OPEC” regions. There’s more concern now around the estimates in Latin America and the U.S. as we came into 2025. What factors will drive the energy markets in 2025? Read Mark Rossano’s brilliant Insights that answer most of the questions.

4. SLB: Q4 TAKE THREE – PREMIUM

SLB’s management expects the acquisition of ChampionX to strengthen its production and recovery capabilities. SLB’s Digital & Integration segment witnessed the sharpest quarter-over-quarter revenue and operating income growth in Q4 (6% up), followed by Production Systems. Read more regarding SLB’s future plans as our analyst Avik Chowdhury takes a deep dive into its finances.

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