05
Nov
19:07
Increased drilling to bolster hot US tubulars market
The US energy tubulars market remains hot, Kallanish reports. Several oil companies recently revealed plans to increase US shale drilling in the coming months, which could further boost already robust tubulars demand.
In a recent earnings conference call, Chevron executives said they will be adding two additional rigs in the Permian Basin during the current quarter, noting that they see the Permian as their biggest growth opportunity going forward.
ExxonMobil exe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous