Halliburton CEO: Oil and gas markets are “softer” than expected and will remain weak for all of 2025

fortune.com/2025/07/22/halliburton-ceo-oil-markets-softer-expected-remain-weak-2025

A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a softer-than-expected industry environment that will continue at least through the rest of 2025, the CEOs of oilfield services leaders Halliburton and SLB said.
Global economic…

This story appeared on fortune.com, 2025-07-22 19:19:40.
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