Market Trends

Revenues and net incnome decreased in Q3 versus Q2. Pressure pumping business suffered severely. Its tier 4 dual fuel assets...

Expects completion activity to see a sequential slowdown in Q4. Identified 42 legacy non-Tier 1 rigs and equipment to be...

U.S. Drilling revenue decreased but International Drilling segment revenues increased in Q3. It drilled three wells in the Delaware Basin...

Revenues fell and operating income increased in Q3 compared to Q2. Order bookings decreased. Management keeps EBITDA guidance unchanged. Expects...

Retail sales rose 0.4% in September, maintaining momentum from the unrevised August figure, while core retail sales jumped 0.7%. Weekly...

Iran’s Jask Port is increasingly becoming a focal point in the country’s oil export strategy, especially as tensions with Israel...

As we head into the weekend, Brent futures fell to just below $73 and the bottom of our range. We...

Revenues and adjusted EBITDA increased moderately in Q3. Challenges from softer short-cycle activity and lower international capex. On tract to...

Expects Q4 pressure pumping activity to reduce. Activity can recover in 2025, but frac efficiency can decelerate. Revenues increased by...

China’s central bank is moving forward with a 500-billion-yuan swap facility, boosting liquidity and bolstering market confidence. The ChiNext Index...