Oil prices still under pressure

摘要

At the end of 2018 and into the early months of 2019, oil price has continued to struggle, remaining significantly below the peaks of 2018, says analysts Westwood Energy. “Despite this, stricter cost controls from operators and lower supply costs have helped ensure that projects continue to be sanctioned, leading to a positive expectation for the DWS [Drilling and Well Services] market into 2019.