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Weatherford (WFRD) expects Middle East activity to remain near current levels, with no recovery factored into its near-term outlook

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Weatherford expects Middle East activity to stay near current levels, while the report describes subdued upstream activity amid several operational and market factors.

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Despite normalising oil exports, upstream activity remains subdued amid declining rig counts, delayed tenders and continued operational disruptions from regional conflict.

1 stocks
WFRDWeatherford International plc Ordinary Shares$83.75Current price

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