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US oilfield service companies 3Q's are just around the corner

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Another short blog today, very little news around but the 3Q’s are just around the corner particularly for the US oilfield service companies which will give us very important pointers as to the industry’s cost base. The oil price arrested the fall but still ended up slightly weaker on the day ahead of the imminent Brent expiry. The market was short of news and the API inventory stats which came out late were not very helpful. A much bigger than forecast stock build of 9.4m barrels,

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