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Tag Archives: glut in crude supplies

Halliburton CEO jumps on the “reverse oil price slump” bandwagon

Dave Lesar, CEO of Halliburton, has jumped on the bandwagon with other oil executives who claim they aren’t worried about the decrease in oil prices and actually expect them to increase next year. According to Lesar, demand is slowly increasing, and the decrease in price is mostly due to an oversupply.  As reported by Bloomberg, Lesar also mentioned that it ...

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