Oilfield minerals face falling US drilling activity

By William Clarke
Published: Tuesday, 10 March 2020

Markets for oilfield minerals like frac sand and barite are being influenced by national policies and international trade, reports William Clarke.


Lower rig counts have signaled weaker markets for oilfield minerals

Oilfield minerals, the clays and proppants used in drilling and extracting oil, are a crucial part of the petrochemical industry, and demand for these minerals correlates closely to drilling rates. Barite and bentonite are used in drilling fluids, while silica sand is crucial in the fast-growing fracking industry. 

The...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.