Oilfield minerals: Drums in the deep

By Davide Ghilotti
Published: Monday, 18 July 2016

High volatility in energy prices shook commodity markets over the past year, with oil taking a dive headfirst to lows that had not been reached for over a decade. This had negative consequences for oilfield service operators as well as mineral suppliers, who saw demand and prices falling for proppants and barite, while bentonite was, to an extent, spared.

oil drums_sarah tz via flickr
Source: Ben Alexander

At the start of 2016, some timid indicators suggested that a degree of improvement in oil prices, however feeble, may be in the offing, although it is too early to guess how this may reflect on oilfield mineral businesses.

Since June 2014, Brent crude – the main...

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