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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
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