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Oil patch gets frugal as investors urge profits over boom - gulfnews.com
CNBC | Oil patch gets frugal as investors urge profits over boom gulfnews.com The evidence is stacking up: The latest rig count showed the biggest one-week drop in the Permian Basin in 19 months, while Schlumberger Ltd and Baker Hughes, the two largest oil service companies, blamed lacklustre earnings on the reluctance of North ... Oil market trends are setting up higher prices, Schlumberger says Big Oil Set for Bumper Profits Despite Cheap Crude Oil prices poised to rise as market trends improve, Schlumberger boss says |
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