US EditionHalliburton Warns of a Crisis in the Oil and Gas Industry of the United States of America
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Halliburton Warns of a Crisis in the Oil and Gas Industry of the United States of America
The stock prices of oilfield services companies in the United States of America have fallen by approximately 6 percent, according to Reuters. Many participants in the oilfield services sector believe they will not be able to generate profit from new drilling operations if the price of crude oil falls below 65 United States dollars per barrel. Furthermore, the oilfield services industry is concerned that import tariffs on steel and components, in…
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