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17 Dec
17:56

Preston Pipe predicts softer oilfield market in 2019

The outlook for global crude pricing and thus oilfield tubulars activity is growing less rosy, according to the analysts of Preston Pipe. In the company’s weekly outlook, Preston Pipe notes that crude oil prices don’t seem to be responding to any positive market signals, Kallanish understands. “In the forecast world, the bears are beginning to outrun the bulls with regard to 2019 oilfield activity,” Preston Pipe writes. “There is…
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