Colorado oilfield supplier raises prices — expects others to follow

A Broomfield-based oil industry manufacturer is increasing what it charges clients and is forecasting that it and other companies that supply oil and gas producers will raise prices more in coming months.

DMC Global (Nasdaq: BOOM) manufactures explosive well-perforating equipment that oil companies use in establishing new wells and says it’s time to reverse some of the sweeping price reductions started during last year’s pandemic-triggered industry collapse.

“Prices need to go up in our industry,”…


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