⁍ Liberty Oilfield Services said hydraulic fracturing activity was trending ‘modestly ahead’
The company estimated roughly 130 fleets are running in the United States.

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⁍ U.S. oil prices were down about 5.7% on Wednesday to $37.30.

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– If you thought the oil and gas industry was in rougher shape, you’d be wrong. Shares of companies involved in the drilling and completion of wells were down as much as 15% today, reports the Wall Street Journal. In fact, the energy sector as a whole was down more than 10%, and one company in particular, Liberty Oilfield Services, saw its share price more than double. The company said it expected about a 20% increase in its active fleets in the fourth quarter from the third, reports Reuters.