‘Tricky’ stability emerges as oil service companies cut losses – Houston Chronicle

‘Tricky’ stability emerges as oil service companies cut losses – Houston Chronicle

The oil service giants reduced their massive losses in the third quarter as the oil industry began to stabilize and lower costs in recent months proved beneficial to results. Halliburton, Schlumberger and Baker Hughes, the three largest companies in the industry, saw their losses decline in the third quarter as drilling activity – which stopped […]

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