Baker Hughes Exec Says Co. Expects Global Upstream Spending To Remain Broadly Flat YoY; Sees Improving Global Upstream Spending Outlook Into 2027; Sees Global LNG Capacity Reaching 800M Tonnes Annually By 2030; Expects Q4 Middle East OFSE Activity To Decline Sequentially; Expects Q4 Middle East IET Activity To Decline Modestly From Q3 Levels
-Conference Call.
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Why It Matters
Baker Hughes says oil and gas spending will stay about the same this year. The company thinks things will get better after 2027, which helps you watch if energy demand is growing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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