Market Trends

By 2023, STEPplans to convert 17% of its fracturing capacity into Tier 4 dual-fuel engines. Moderate industy activity can affect...

Brent is following the trading range path we laid out once Saudi Arabia and Russia committed to keeping their voluntary...

PUMP's frac fleet utilization can reduce in 2H 2023. The average utilization to 14-15 frac spreads in FY2023. The stock...

Saudi Arabia and Russia officially announced the extension of their cuts through the end of the year.

PTEN's average rig count can decline by nine rigs in Q3 from Q2. During Q3, the cost of operating the...

The whimsical nature of the global economy has a trickle-down effect that has resulted in a series of weak economic...

The crude market was pushed to the top of the current trading range as Russia made an announcement “agreeing” to...

RES may take delivery of a new pressure pumping fleet in 2024. Its asset utilization can fall in Q3. Cash...

Recently we have been talking a lot about the Chinese economy and the disappointing data coming out of it. There...

Completion activity took another leg down driven by seasonality and weather-related issues.