Monday Macro View – How Long Does the Frac Boom Last?
We know elevated crude prices spark frac activity—but how long does that lift actually stick around, and does it ever translate into real barrels of production? Using four historical price episodes back to 2014, we uncover the surprising lag between price spikes and output. Read the full breakdown inside. Read this week’s Monday Macro View to find out more.*
Market Sentiment Tracker – When Do China's Oil Imports Bounce Back?
China's crude imports just hit their weakest level since 2016—but is the demand drop structural or temporary? We dig into quotas, refining margins, and strategic reserves to find out when (and how much) buying returns. Read this week's Market Sentiment Tracker* to find the answer to the most important question of oil markets.
Special Report: Does Oil Really Predict Manufacturing?
Does crude lead the ISM Manufacturing PMI, or does the PMI lead oil? Nearly 40 years of data reveal a relationship that's far from constant, one that snaps into focus around major shocks but fades in calmer times. Read our SPECIAL REPORT to learn more.
Part Eight: AI Power Premium Reshapes OFS Valuations
How is AI data center demand quietly turning frac equipment into power infrastructure—and which OFS segments are winning because of it? Our latest installment breaks down returns, emissions tech, and the new "power premium."
This Week's Take Threes: OFS Q2 2026 Earnings Roundup
Six earnings reports, six angles on where oilfield services is headed. SLB posted broad international growth and deepened its AI infrastructure push via new Meta and Liberty Energy deals. Baker Hughes notched record IET orders on LNG and AI power demand, boosting backlog to an all-time high. Nabors raised its FY2026 EBITDA outlook on strong Lower 48 and SANAD activity. NOV saw margins jump on stronger offshore execution and new AI-enabled digital awards. ProPetro is scaling a 13th frac fleet while its PROPWR power business converts pipeline into real revenue. Patterson-UTI expects Q3 momentum to build further on near-full completions utilization and steady drilling demand.
FREE READ: How much refinery capacity is offline?
Global refining runs are down 5 million bpd year-on-year, with Gulf capacity still crippled and Russian diesel exports collapsing. What's driving the squeeze, and when does it ease? Full breakdown inside. Read more in our Free Read.
Expert Advice: Reading our Market Sentiment Tracker will provide you with every important economic indicator for the previous week and establish whether we are heading towards a bullish or bearish week ahead
If You’re Still Relying on Lagging Data, You’re Already Behind. EFRACS shows where activity is moving before production reacts.
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