SLB (SLB) says it is seeking to recover higher costs following supply chain disruptions from the Middle East, is passing on inflation cost to customers via clauses in contracts
Schlumberger's announcement to recover higher costs from supply chain disruptions indicates a proactive stance on managing inflationary pressures.
Hezbollah said it hit an Israeli army Hummer vehicle at the entrance to Qantara in southern Lebanon, according to Al Jazeera
Trump Administration has frozen USD 344mln in crypto assets over links to Iran, CNN reports
SLB (SLB) says it is seeking to recover higher costs following supply chain disruptions from the Middle East, is passing on inflation cost to customers via clauses in contracts
US official says President Trump is sending envoys Witkoff and Kushner to Pakistan for talks with Iranian Foreign Minister
Investors reportedly pushing for a higher yield on USD 14bln of Oracle (ORCL)-backed data centre debt, FT reports
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This move suggests potential implications for profit margins and may influence pricing dynamics in the oil and gas sector, depending on how well their customers can absorb these costs. Traders should consider how this could affect SLB's competitive positioning and the broader market sentiment towards energy equipment firms amid ongoing inflation concerns.
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