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April 23, 2025

Halliburton worries about lower oil prices

 

Halliburton came out with a warning this week that tariffs and lower oilfield activity in North America will likely have a harmful impact on second-quarter earnings.

Halliburton and other large oil producers contend they need at least $65 a barrel prices in order to make a profit. But prices are hovering under $64 a barrel.

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