Market Trends

U.S. completion activity continues to trend higher as smaller basins start seeing some seasonally normal increases in activity. There is...

Last week IEA released the much anticipated annual report on global oil markets. The 127 page report titled Oil 2023:...

The energy markets continue to swing around following the OPEC+ agreement at the beginning of June. Our view has always...

In my latest Monday Macro View, I discuss the recent outlook by World Bank on Global Economy and the bottom-line...

OPEC+ production fell because of Nigeria, which has been reversed for the most part in May.

IT has been yet another interesting week. Xi revealed new and ambitious plans for Central Asia in the recent China-Central...

Completion activity took another leg down today by ten driven by the Permian, Appalachia, and Eagle Ford.

More people seem to be joining the chorus of an upcoming recession. We, at PVN, have continued to provide weekly...

The frac spread count had a sizeable drop this past week driven by natural gas activity.

ACDC is upgrading its legacy Tier 2 equipment to Tier 4 dual fuel and has deployed an e-fleet on a...