Suppliers Await Stability in Oil and Gas Markets

October 2015
Machine Design;Oct2015, Vol. 87 Issue 10, p62
Trade Publication
The article discusses the developments as industrial distributors and those who serve oil and gas industry customers wait for the oil and gas markets to stabilize, as of October 2015. Topics discussed include lower crude prices to have affected capital projects for major oil and gas companies in Gulf Region and U.S., less impact on offshore oil drilling than onshore oil wells, and oil prices expected to rebound into 2016 and need for prices to remain stable.


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