Business

Halliburton posts loss as oil rout hits services demand

Business

Oilfield services provider Halliburton Co on Monday posted its fourth consecutive quarterly loss as this year's slump in oil prices due to the COVID-19 pandemic hit demand for its services.

FILE PHOTO: Halliburton’s campus in Houston, Texas, U.S. May 18, 2017. REUTERS/Daniel Kramer

19 Oct 2020 06:55PM

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REUTERS: Oilfield services provider Halliburton Co on Monday posted its fourth consecutive quarterly loss as this year's slump in oil prices due to the COVID-19 pandemic hit demand for its services.

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