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Oilfield Services May Not Recover Until 2023

Rystad Energy Global demand for oilfield services (OFS) is set for a massive 25% yearly drop in 2020. The well servicing sector will be the first to recover, while long-lead segments will pick up much later Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25%

Valero Energy Announces CFO Transition

SAN ANTONIO, June 19, 2020 (GLOBE NEWSWIRE) — Valero Energy Corporation (NYSE: VLO) today announced that Jason Fraser, who has served as Valero’s Executive Vice President and General Counsel since January 2019, has been appointed by Valero’s Board of Directors to serve as the Company’s Executive Vice President and Chief Financial Officer,

3 Top Oil Stocks to Buy Right Now

The COVID-19 pandemic has hit the oil industry hard. Even with the worst for the sector as a whole likely in the rearview mirror, millions of people around the world are set to work remotely for months to come, and the global travel industry is in shambles. It’s going to take a long time for the industry to recover, and

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