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Halliburton’s 2024 outlook optimistic despite near-term commodity price volatility: CEO

January 24, 2024 Comments Off

Macro fundamentals for oil and natural gas remain “strong” even amid near-term commodity price volatility, which should create a healthy outlook for the oilfield services sector in the near and medium term even if most of the projected 2024 growth is internationally weighted, the top executive at oilfield services provider Halliburton said Jan. 23. An increase in services intensity “everywhere…