Trump's ceasefire hopes are cute, but look what's actually happening in oil services while everyone debates Iran 📉 Cenovus just posted annual revenue with a brutal -6.4% decline. Schlumberger's revenue fell -3.9% year-over-year. Suncor's dropped -4.7%. Oil hits $115 but drilling activity was already declining BEFORE the Iran war started. These companies are getting the worst of both worlds — war-driven cost inflation with shrinking demand for services. The "energy rally" narrative is backwards. Upstream production companies benefit from higher prices, but services companies get squeezed by reduced drilling capex AND higher input costs. Classic bear trap.

Research these companies