03.28.2025
Sausage casings bulletin, March 28, 2025

Runner market commentary
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Ahead of the first quarter financial results from upstream oil companies, it is worth noting the decline experienced in upstream capital spending during the 4th quarter, as well as, where production might be heading. Oil prices have rebounded in the latter weeks of March, as a function of recent Middle Eastern strife and a declining US dollar, but oil inventories remain robust…