SLB and Baker Hughes said they expect higher spending on oil exploration and production, signaling improving demand for oilfield services. The outlook is being supported by tighter global supplies tied to the Middle East conflict, with North America highlighted as a key area for investment. The message is constructive for upstream activity and the oil services group, though no specific financial figures were disclosed.
SLB and Baker Hughes said they expect higher spending on oil exploration and production, signaling improving demand for oilfield services. The outlook is being supported by tighter global supplies tied to the Middle East conflict, with North America highlighted as a key area for investment. The message is constructive for upstream activity and the oil services group, though no specific financial figures were disclosed.
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mildly positive
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0.35
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