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Oil service firms eye new survival tactics amid weak U.S. market

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News Wire — Packers Plus Energy Services, a company built on the North American shale oil boom, is turning to the Middle East to weather a new round of spending cuts by producers amid warnings of a looming oil glut. Oil production has outpaced demand by 900,000 barrels per day (bpd) this year, according to […] More »
Oil service firms eye new survival tactics amid weak U.S. market Oil service firms eye new survival tactics amid weak U.S. market Reviewed by Crude Oil Brokers on 11:35 Rating: 5

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