Current SYRG Stock Info

BMI Research forecasts 2.5% increase in oil and gas capex for 2017
The oil and gas industry is expected to increase spending next year for the first time following the crash in oil prices at the end of 2014, according to BMI Research.

The research group, which is affiliated with Fitch Ratings parent company Fitch Group, believes oil and gas companies will increase capex 2.5% in 2017. Spending will increase by another 7% to 14% in 2018 as companies reinject capital into the market after the worst down cycle since the ‘80s.

North American ...


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