A continued overcapacity in land pressure pumping services, as well as no relief in natural gas pricing, will impact Halliburton Co.’s North American business again this year, CEO Dave Lesar said Friday.
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Cash Market Flattens Out in Response to Mild Weather, Distance from Bidweek
Cash prices were mixed Tuesday with some points down a dime while others were up by a similar amount, but the general sentiment in the market was moderately bearish because of mild weather conditions persisting across most of the country. Temperatures in the Midwest, Ohio Valley, and parts of the Midcontinent and South remain well above normal.
Cash Market Flattens Out in Response to Mild Weather, Distance from Bidweek
Cash prices were mixed Tuesday with some points down a dime while others were up by a similar amount, but the general sentiment in the market was moderately bearish because of mild weather conditions persisting across most of the country. Temperatures in the Midwest, Ohio Valley, and parts of the Midcontinent and South remain well above normal.
Market Flattens Out With Future Direction Uncertain
The cash market appeared to be entering a holding stage Wednesday as moderate upticks earlier in the week yielded to a mix of flat, slightly higher and slightly lower pricing that tended to be dominated by mild gains. The slowdown in price movement largely was attributed to cool-downs in the Northeast and Midwest market areas, reducing the air conditioning load that had supported the previous advances.
Market Flattens Out, Waiting for Something to Happen
The cash market went into a general stand-pat mode Wednesday,awaiting developments on the tropical storm, cold weather andstorage fronts. Nearly all points were united in seeing littleprice movement either up or down.
Market Flattens Out, Appears Poised for Retreat
This week’s cash market rally apparently was running out ofsteam Wednesday. Eastern points were mostly flat, with a fewNortheast citygates dropping about a nickel. And except forisolated San Juan Basin and Malin gains, the West ranged from flatto more than a dime lower.
Cash Market Flattens Out Going into Weekend
It was like old times again (if you can regard February as “oldtimes”) for traders Friday as weekend swing pricing leveled offwith little change from Thursday. It reminded some of the longperiods last month when there was practically no volatility in thecash market. The small gains handily outweighed a few scatteredpenny drops in the West for an overall showing of flat to a smidgenhigher.