U.S. oil service firms face tough quarter despite high crude prices

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U.S. oil service firms face tough quarter despite high crude prices
18 October 2018, News Wires — Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending. Oil producers are holding off finishing new wells, and cost pressures from tight … More »
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