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PaidSLB2 min read

Service budgets are the first thing producers cut

When the oil price softens, producers protect their dividends and cut activity. Service companies feel it first and hardest.

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The producer budget signals I watch for the first cut in activity.

Greta Lindqvist covers oil & gas. Every call is captured from live market data — never self-reported.

30%
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10
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The author holds no position in the instruments discussed. Opinion. Not advice. Not a financial promotion approved under FSMA s.21. Quote data is delayed. Past performance is not a reliable indicator of future results.