Halliburton, Schlumberger brace for the next oil slump
May 13, 2025
(Oil Price) – U.S. oilfield service majors had a good run after the pandemic lockdowns ended. Oil demand rebounded strongly, drillers drilled more, and even the climate-focused energy policies of the Biden administration could not ruin that. Now, a price rout that has already prompted the E&P segment to issue warning after warning is putting the good run on an extended
