Crude Oil Price at $50 Threatens $1,5 Trillion of Oil and Gas Projects Upstream operators may be looking for cost reductions averaging up to 30% on projects in the low commodity world, but squeezing the oilfield services sector may only achieve a savings of 10-15%, which means investments will take a back seat until prices … Continue reading Crude Oil Price at $50 Threatens $1,5 Trillion of Oil and Gas Projects