“Although international oil prices fluctuated in the first half of the year, the overall trend was maintained at a medium to high level, and demand on the oil and gas side also increased steadily.” Referring to recent developments in the industry, an A-share oil service company executive told reporters that as long as oil prices are supported, global oil extraction companies will dare to continue investing on the investment side. Judging from intended orders and in-hand orders, oil service companies still have good business opportunities. It is easy to see from the 2025 semi-annual report recently disclosed by A-share oil service companies. Benefiting from the demand space brought about by the high level of international oil prices, the overall performance of industry companies was steady, and companies such as Becken Energy, CNOOC, and Jerry Co., Ltd. all handed over good “report cards” for the secondary school entrance examination. At the same time, the expectation that international oil prices will remain at medium to high levels has also increased the participation of oil service equipment companies in important parts of the industrial chain.

“Although international oil prices fluctuated in the first half of the year, the overall trend was maintained at a medium to high level, and demand on the oil and gas side also increased steadily.” Referring to recent developments in the industry, an A-share oil service company executive told reporters that as long as oil prices are supported, global oil extraction companies will dare to continue investing on the investment side. Judging from intended orders and in-hand orders, oil service companies still have good business opportunities. It is easy to see from the 2025 semi-annual report recently disclosed by A-share oil service companies. Benefiting from the demand space brought about by the high level of international oil prices, the overall performance of industry companies was steady, and companies such as Becken Energy, CNOOC, and Jerry Co., Ltd. all handed over good “report cards” for the secondary school entrance examination. At the same time, the expectation that international oil prices will remain at medium to high levels has also increased the participation of oil service equipment companies in important parts of the industrial chain.