SLB (SLB) CEO says it can ramp up safety in Venezuela, adding that key international markets are expected to surpass last years
The CEO's remarks suggest confidence in Schlumberger's ability to enhance safety operations in Venezuela while anticipating a recovery in key international markets through 2026.
US S&P Global Services PMI Flash (Jan) 52.5 vs. Exp. 52.8 (Prev. 52.5)
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SLB (SLB) CEO says it can ramp up safety in Venezuela, adding that key international markets are expected to surpass last years
Denmark's PM says they are preparing for the next steps
EU is to suspend retailatroy tariffs on EUR 93bln of US goods for a six month period, Bloomberg reports citing spokesperson Gill
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- New term oversupply will likely continue to trend downward on commodity prices though the first half of 2026.
- Latin America, Middle East and Asia are leading the rebound in 2026 for the international market.
- Expects Deepwater oilfield service activity to inflect toward the end of 2026.
- They've received lots of order inquiring from customers.
The potential downward trend in commodity prices may indicate challenges ahead, though the uptick in demand for deepwater services could signal a strategic opportunity for growth, particularly in emerging regions like Latin America and Asia.
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