An Oilfield Services Recovery. Is it happening? AIA 4-23-22

Actionable Intelligence Alert

English - April 24, 2022 16:05 - 1 hour - 56 MB - ★★★★★ - 17 ratings
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Next Episode: Eurozone and US Economies Facing Stagflation. Prices For Commodities Poised to Rise Further.

As long as oil prices stay reasonably high.

However, we have many headwinds to higher oil prices; tightening liquidity, rising rates, fiscal stimulus fading, and weakening economy around the world.

Nevertheless, this week's quarterly earnings reports from Halliburton and Schlumberger were very positive with the forward guidance positive also.