Not a good sign:
Oil capex decline:
Oil Rig Count Plunges To Lowest Level Since 2017
A Death Sentence For Small Oil & Gas Drillers
Below 50 is contraction:
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Not a good sign:
Oil capex decline:
Oil Rig Count Plunges To Lowest Level Since 2017
A Death Sentence For Small Oil & Gas Drillers
Below 50 is contraction: