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13 Dec
15:37

Demand questions cloud 2019 US OCTG outlook

US oil country tubular good demand remains an open question for early 2019, but prices are showing no signs of movement as of yet, Kallanish learns from market sources. Production decisions made by the Organization of the Petroleum Exporting Countries (OPEC) will have a strong knock-on effect on US capital expenditure decisions, says one Gulf Coast trader. “OPEC resolve is very important to 2019,” he says. “Strength and confidence equals cap…
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