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Oil Investment Hits a Multi-Year Low: What It Means for Energy Stocks

Oil Investment Hits a Multi-Year Low: What It Means for Energy Stocks

Oil services and equipment companies will be watching the upcoming third-quarter earnings season with a lot of interest. It's very difficult to predict where the price of oil and demand trends will be in the future. In this context, let's take a look at the evolution of their capital spending plans in order to gauge trends and focus on what to look out for in the reports.