Strong oil prices stimulate investment, oil service companies frequently sign large contracts

Zhitong
2025.07.22 21:03

"Despite recent fluctuations in international oil prices, they are still operating at a medium to high level overall, and oil extraction companies are still willing to continue investing." According to relevant personnel from HAIMO, thanks to the strong crude oil prices, upstream investment enthusiasm has not weakened this year, and the oil service industry, as an intermediate link in the industrial chain, has still benefited. The reporter learned that, based on the latest international situation, oil and gas resource development, and product orders, the demand from overseas oil companies has increased, and domestic oil service companies are also continuously receiving large orders. The positive expectations for capital expenditures in the oil and gas sector may bring more business opportunities to oil service companies, and related companies will also enjoy the dividends brought by the improvement in industry prosperity