Drilling surge in the US boosts Halliburton

The rising drilling activity in the US has been cited as bad news for OPEC's attempts to sustain a high oil price. But the surge in drilling was good news for Halliburton.
Photo: David Zalubowski/AP/POLFOTO
Photo: David Zalubowski/AP/POLFOTO

US-based oil service company Halliburton had a strong first quarter. For the first time since late 2014, Halliburton is able to present a quarterly result showing a growth in revenue.

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