Oilfield Service Firms Cautious
This is a Halliburton news story, published by Yahoo Finance, that relates primarily to Baker Hughes news.
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oil pricesReuters
•Business
Business & Economics
US oilfield giants brace for tough times as price slide rattles producers

81% Informative
SLB , Halliburton , and Baker Hughes all flagged cautious customer spending in their first-quarter reports.
Many producers have warned that drilling becomes unprofitable below $ 65 per barrel.
Diamondback Energy trimmed its 2025 capital budget by $400 million and said it would drill and complete fewer wells.
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