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2019: Prudent spending, Optimistic thinking
As 2019 gets underway, plenty of uncertainties surround oil price predictions with factors ranging from a continued China trade war to OPEC’s effectiveness at beating down the surplus to capacity constraints to Iran, Saudi Arabia and any matter than any analyst decides to turn into an issue. In the US, E&Ps are responding with cautious curtailing of spending, at least for the first part of 2019, then seeing where it goes from there, as......
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