Oilfield market rout threatens barite, frac sand demand
Published: Wednesday, 11 March 2020
Tumbling oil prices and plummeting oilfield company shares are flashing a warning sign for oilfield mineral demand.
Oil prices have come under heavy pressure
from fears that the novel coronavirus (2019-nCoV) will disrupt
global manufacturing and demand. This threatens to reduce the
pace of drilling and fracking, and limit demand for the
minerals used in these activities.
Opec, an association of many major oil producing countries,