Schlumberger shares rise on lower 2019 capex, international outlook

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Schlumberger shares rise on lower 2019 capex, international outlook
19 January 2018, News Wires — Oilfield services provider Schlumberger NV said on Friday it would spend less in 2019 and forecast single-digit growth in international markets this year, sending its shares as much as 5 percent higher. With the sharp drop in oil prices since 2014 many producers have evaluated spending budgets for 2019, stoking concerns … More »
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