Halliburton: Oil markets are “softer” and will remain weak for all of 2025
A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a softer-than-expected industry environment that will continue at least through the rest of 2025, the CEOs of oilfield services leaders Halliburton and SLB said. Global economic volatility, including ongoing tariff uncertainty, is leading oil and gas producers to plan … Read more