Oilfield Equipment Prices Poised for Comeback

By: Chad Farrell

The oil-and-gas business took a huge hit during the COVID-19 lockdowns, with the price of West Texas Intermediate crude oil dropping into negative territory for the first time in history.

But while Americans continue to pay high gas prices, the rapid rebound of the oil-and-gas sector has not yet translated into dramatic price increases for secondary-market oilfield equipment.

The total […]