Oil prices enjoy stability but eyes on OPEC+'s Thursday meeting
Oil prices are enjoying some stability now, after pricing in fears of a new pandemic wave and the OPEC+ cuts agreement.
Oil prices are enjoying some stability now, after pricing in fears of a new pandemic wave and the OPEC+ cuts agreement.
The backlog, which will likely increase in June, is equivalent to about two years of fraccing at the current pace, according to Rystad.