This Week’s Market Buzz

Frac sand producers are raising prices due to stronger demand, betting on an improving outlook for the oil industry, said Scott Cockerham, managing director at consulting firm Huron. “It’s a very symbiotic system,” he said. However, of late, crude prices have also dipped from their recent highs near $52 a barrel; U.S. crude futures were trading at $43.87 a barrel,…

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This Week’s Market Buzz

Smart Sand plans to go public. The company has filed a registration statement with the Securities and Exchange Commission for an initial public offering, documents show. Smart Sand operates two white sand processing sites in Wisconsin with a combined 344 million tons of “proven recoverable” sand reserves. In its SEC filing, the company said the two sites give it a…

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