Oil Rises as Saudis to Cut Exports, Halliburton Sees Shale Peak

Oil Rises as Saudis to Cut Exports, Halliburton Sees Shale Peak

By Discovery Lean Six Sigma

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U.S. shale explorers have helped keep inventories high, but the drilling surge may be plateauing, said Halliburton Executive Chairman Dave Lesar. Drillers are now "making rational decisions" as prices remain low, he said.



Original: http://www.industryweek.com/supply-chain/oil-rises-saudis-cut-exports-halliburton-sees-shale-peak
By: Bloomberg
Posted: July 24, 2017, 1:35 pm

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