The major agencies have adjusted their estimates for supply/demand of crude following the OPEC+ cut. Even with the adjustment, we...
Read moreDetailsThe drop in frac spread counts is inline with our expectations for a slowdown for Easter/ Spring Break.
Read moreDetailsThe completion market in the U.S. increased again as the Permian saw a nice jump this week.
Read moreDetailsThe market is trying to digest the problems circling around the financial industry, which is very fluid at the moment....
Read moreDetailsThe market continues to fluctuate following the failure of Silicon Valley Bank and Silvergate. As we called out last month,...
Read moreDetailsThere hasn’t been any change in the market that would break us from the current crude ranges. As we approached...
Read moreDetailsCompletion activity maintained its steady pace of increases, which is very seasonally normal. Typically, rigs “outrun” completion crews in the...
Read moreDetailsThe frac spread count remained steady this week as there was a shift in activity across the different regions. We...
Read moreDetailsThe 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...
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