November eNews

Sequeira Energy Synopsis – November 2017 Newsletter

Our Sequeira Oilfield Service Index declined 3% month-over-month to the end of November. Conversely, WTI prices increased 6% over the same time frame. Last week, OPEC sent a strong message with a nine month extension to production cuts in an effort to balance the market; however, despite the move, investors’ appetite for oilfield stocks has remained cautious. See appendix for a sector drill down of our Oilfield Services Index.

Download the Sequeira Energy Synopsis – November 2017