Post Tagged with: "future of oil scarcity"

Source: World Oil

WPC 2021: Halliburton sees a future of oil scarcity as spending falls

World Oil

HOUSTON (Bloomberg) –Halliburton Co., the oil industry’s largest frac services provider, warned that the world is headed into a period of scarcity for oil after seven years of underinvestment following crude’s plummet from $100 a barrel in 2014.…