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News Breaks | | | | March 18, 2013 | | 09:12 EDT |  | SLB | Schlumberger expects 2013 oil supply and demand similar to 2012
Demand is forecast to increase by around 1% or about 900,000 bopd, driven by the non-OECD economies in general. China will account for almost half the net global YoY increase, while demand in OECD economies will continue the declining trend. Overall, the oil market is expected to remain tight and this will continue to support oil prices in the band it has seen since 2011. Comments taken from slides for Howard Weil Conference. | |
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News For SLB From The Last 14 Days Check below for free stories on SLB the last two weeks. |
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| May 20, 2013 | | 19:32 EDT |  | SLB | Schlumberger CEO sells more than $4.67M of shares, Barron's says
Schlumberger CEO Paal Kibsgaard exercised options and sold more than 60,000 shares on May 16 for proceeds of more than $4.67M, leaving Kibsgaard with direct holdings of 40,000 shares, reports Barron's Inside Scoop. Reference Link | | | 07:41 EDT |  | SLB | Mitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23. | |
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