The recent OPEC report is calling for an increase in crude demand throughout 2023 based on China’s reopening. We believe...
Read moreDetailsThe markets’ love for Brazil cycles almost as often as the World Cup comes around and, much like the national...
Read moreDetailsWe finally had the big push in completion activity that we have been calling for on a seasonal level. The...
Read moreDetailsWe have been very adamant about the problems facing the world today- including broad food issues, supply chain bottlenecks, energy...
Read moreDetailsU.S. completion activity is set to ramp up over the next few weeks, and will likely get back to about...
Read moreDetailsSaudi officially came out and reduced their OSPs (official selling prices) inline with our expectations EXCEPT when it comes to...
Read moreDetailsThe inflation story and “narrative” has been switching all over the place the last several years. It started with “inflation...
Read moreDetailsThere is some new equipment coming to market in 2023, but nothing that is going to take us back to...
Read moreDetailsQuick update- frac spread count fell inline with seasonal norms so there really hasn’t been much change to report.
Read moreDetailsWe also “officially” have the price cap set at $60, but it’s still well above the price of Urals.
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