Post Tagged with: "bearish 2020 outlook"

Source: Reuters

Oilfield service firms have a bearish outlook for 2020: Dallas Fed


With their business outlook worsening, about half of oil field service firms plan to cut spending in 2020, the Federal Reserve Bank of Dallas said on Friday in its quarterly energy survey.

Oil and gas activity and employment dipped …

December 27, 2019 - 2:30 pm Closing Bell Story‎, Energy News, Oilfield Services