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13 Mar
16:33

US energy tube buyers watch for price dip

US energy tube pricing appears poised for another drop as uncertainty reigns in the US oilpatch, Kallanish hears from market sources.  Coronavirus concerns and rapidly falling oil prices have put many exploration and production companies on thin ice, says one Gulf Coast line pipe trader. A cascade of bankruptcies and resulting credit issues will likely occur if the situation doesn’t improve soon, he says.  A Gulf Coast oil country tubular goods tr…
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