First oil ///

Dare we say it, as the fickle finger of fate could intervene just as quickly to render this hypothesis useless, but it’s beginning to “feel” like the global oil and gas industry, particularly in North America, may be finding a bottom to the 17-month price and activity slump. Of course, just because the industry may find a bottom to the decline, it doesn’t mean that the E&P sector is ready to climb out of the trough.

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