International oil price rebounds like “roller coaster”, what encouraged the oilfield cementing additives manufacture!

The cut rumors everywhere, and inconclusive so far. International oil price rebounds like “roller coaster”, what encouraged the oilfield cementing additives manufacture!

Crude oil prices rose for a third day on Thursday, is expected to be the first time in more than a decade to reach a global agreement to cut, dragged down oil prices will help to solve the slump over the past year and a half of oversupply problem between oil-producing countries.

But the cut rumors everywhere, and inconclusive so far.

Media reports, the organization of petroleum exporting countries (OPEC) representatives didn't hear any negotiation plan. But on Thursday, OPEC Gulf States of the High Representative said, OPEC Gulf States and Saudi Arabia is willing to cooperate to take any action to stabilize the oil market.

That’s good news to all oilfield service company like oil cementing additives manufacture! We believe all the oilfield service company like oil cementing additives manufacture will get a full recovery with the stable oil price!