Monday Macro View – When will the gulf’s missing barrels come back online?
What if the Gulf’s “missing barrels” do not return as quickly as markets think? This week’s Monday Macro View looks beyond the headline relief from lower oil prices and asks the real questions: which supply losses are temporary, which wells may be permanently impaired, and which infrastructure damage could take years to repair? From Saudi Arabia to Iraq, Kuwait, Qatar and the UAE, the piece explains why every disrupted barrel has a very different recovery timeline. Read Monday Macro View.*
Market Sentiment Tracker – Is the US labor market losing momentum?
What if the U.S. labor market is not breaking, but quietly losing momentum? This week’s Market Sentiment Tracker looks past the headline strength in payrolls and unemployment to ask the questions that matter: why are job seekers taking longer to get rehired, why are workers quitting less, and what does weaker wage leverage mean for the Fed? The piece explains why today’s labor market is still functioning, but no longer tight in the way markets once feared? Read all of this in our Market Sentiment Tracker*.
Key Takeaways: ProFrac and RPC
In this week’s Key Takeaways, we explore ProFrac and RPC.
What if ProFrac’s Q1 story is less about one quarter and more about a tightening frac cycle? This article asks whether Gulf disruptions, LNG growth, rising power demand, and limited high-spec fleet capacity are reshaping North American energy services—and why ProFrac’s technology, pricing power, and valuation now matter so much. You can find more details here*.
For RPC the Key Takeaway article looks the companies cautious Q1, where stronger oil prices meet stubborn limits on frac reactivation. It asks why management is protecting returns over chasing activity, how New Mexico takeaway issues shape demand, and why Metal Max may become the more important growth signal inside RES’s services mix today. Read more here*.
OFS Ranking Index
The article looks at why Q1 created clearer separation across the OFS sector, even though headline rankings barely moved. It explores how backlog visibility, offshore exposure, power infrastructure, and premium frac capacity are becoming the real differentiators pushing Baker Hughes, TechnipFMC, PTEN, Liberty, and RPC ahead of weaker-positioned peers. Read the full article here.*
Free Read: How quickly can Iran ramp up its production?
In this week’s Free Read, we discuss what Iran’s oil reset really means after the U.S. decision to allow sales again. It separates policy headlines from physical recovery, asking how fast production can return, whether Kharg Island can handle exports, where the barrels may go, and why China, India and Pakistan matter next.
If You’re Still Relying on Lagging Data, You’re Already Behind. EFRACS shows where activity is moving before production reacts.
Get Access to EFRACS: efracs.com