Crude prices rise but investment falters: No relief for equipment and service suppliers anytime soon
May 18:
As demand for crude oil picks up, the natural corollary that should follow is that oil & gas investments should pick up. 8Is that happening? 8Overall investment data for 2018 and 2019 does not show an uptick 8This could well mean that the oil & gas equipment and service industry, suffering from low utilization rates, may not see a recovery coming even in 2019 Click on Reports for more