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Baystreet.ca - We're on the Verge of a Reset of Expectations in the Oil Sector

Despite a late Santa rally in the oilpatch this week, it's probably time to recognize that we are on the verge of a reset of expectations for the oil sector in the developing, likely 2024 price environment for WTI and Brent. We are about one inventory . ....

David Messler , Helmerich Payne , Chris Wright , Patterson Uti , Liberty Energy , Capital Employed , Liberty Power Innovations ,

We're on the Verge of a Reset of Expectations in the Oil Sector

Despite a strong increase in shale oil production in 2023, lower prices in 2024 could bring about a sharp curtailment of drilling and a moderate reduction in completion activity in shale ....

Chris Wright , Helmerich Payne , David Messler , Liberty Energy , Patterson Uti , Oil Prices Set For First Annual Decline , Oil Prices Set , First Annual Decline Since , Capital Employed , Liberty Power Innovations , Oil Prices , Oilfield Services ,