The King Of Oilfield Services Is Back In A Big Way ...Middle East

It is no secret that the reflation in oil prices, WTI and Brent, above $50.00/bbl in the last six months has been a boon to the companies that service oil and gas wells. This price reflation in the underlying commodities has driven increases in upstream activity as shown in the graphic below.           Data- PrimaryVision, chart by author In this article, we will review the improved financial metrics of one of the biggest Oilfield Service companies (OFS), Schlumberger, (NYSE:SLB), and some things it…

Hence then, the article about the king of oilfield services is back in a big way was published today ( Wednesday 14/04/2021 - 03:15 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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