Shopping Basket is Empty

You have no items in your shopping basket.

Click here to continue shopping.

The Rapid Slide in Oil Prices Won’t Last Much Longer

The rapid slide in oil prices over the last nine months won’t last much longer, but the rebound will be limited as reported by Sarah Kent in The Wall Street Journal.
The International Energy Agency reported on Tuesday the rebound would be limited and won’t feature prices at the height of the last three years.

 

This has resulted in spending cuts among the oil producers and a decline in the number of rigs drilling for crude oil.
It is expected by 2017 US shale oil to come back sharply causing a recovery in prices, potentially raising supply from 3.6 million barrels a day in 2014 to a projected 5.2 million barrels in 2020.

Customer Reviews

"Custom Fittings are a 1st tier supplier to GS Hydro for stainless steel high and low pressure hydraulic components. For over 20 years Custom Fittings have been our preferred supplier due to the high ..." Chris Hargreaves, Managing Director - GS Hydro UK

We have been using Custom Fittings for many years now, they offer fantastic customer service as well as top of the range products. We could not recommend them more highly and will continue to use them..." James Tidy, Director - Tidyco Ltd

"Custom Fittings have been the number one supplier for stainless steel fittings to Fluid Power Services for over 25 years now.In the early years our requirements were for standard off the shelf parts ..." Anthony Smith, Sales Director - Fluid Power Services Ltd

Custom Fittings provide us with a fast, efficient supply of top quality Stainless Steel fittings and valuable assistance with problem solving and special order parts." Colin Leonard, British Aerospace Engineer

SSL Certificate
Paypal Logo Visa Logo Maestro Logo Mastercard Logo American Express Logo
TOP