Weekend Update May 14th, 2023

May 14, 2023

Key takeaways

China has recently launched a comprehensive crackdown on foreign companies, which is adding to the challenges they are already facing.

Weekend Update May 14th, 2023




1. HORSEPOWER IS EVERYTHING!** - ENTERPRISE ONLY

pro-frac
A sample profile of ProFrac that would be included in your Frac Supply subscription.
  • Detailed horsepower and spread data by pumper by basin
  • Available DOWNLOAD in Excel format for sorting and filtering


ORDER TODAY!

2. PRIMARY VISION OILFIELD SERVICE RESEARCH - FREE

aogr
China is cracking down on working with U.S. Companies – What you need to know!.

China has recently launched a comprehensive crackdown on foreign companies, which is adding to the challenges they are already facing. Additionally, indicators are showing that domestic demand remains low, further exacerbating the situation. Overall, the outlook for foreign companies operating in China is not optimistic. If you like what you see please share it!

3. PRIMARY VISION INSIGHTS by MARK ROSSANO** – ENTERPRISE ONLY

How are the crude markets doing in the U.S.? What should we be looking out for?

In this week’s Primary Vision Insights, Senior Analyst Mark Rossano highlights the recent bounce in crude markets and expectations for increased activity in oily basins. It addresses global economic data, indicating a broader economic slowdown and the potential impact of inflation and lending conditions on consumer spending. The analysis also examines China's Golden Week holiday and its implications for domestic travel. Mark concludes that demand is weakening hitting key consumer spending habits. 

*Premium

**Enterprise Subscribers

Learn more about a subscription here or email us directly: info@primaryvision.co

Source: Primary Vision EFRACS research. Citation suggestion: "Primary Vision LLC, 'Weekend Update May 14th, 2023', EFRACS, 2023."