US oil patch drilling has logged the longest stretch without a decrease in activity in more than four years, supporting continued shale expansion. The backdrop is higher crude prices attributed to the Iran war, implying activity resilience as the energy price impulse persists.
US oil patch drilling has logged the longest stretch without a decrease in activity in more than four years, supporting continued shale expansion. The backdrop is higher crude prices attributed to the Iran war, implying activity resilience as the energy price impulse persists.
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mildly positive
Sentiment Score
0.25
