Halliburton's Expected International Activity to Continue Strong

Halliburton's expected drilling activity to remain strong and service intensity increase over the course of the year. They also see the same supply challenges that SLB and Baker Hughes mentioned leading to more investment by global producers plus CEO Jeff Miller who's been on the show I think this trade shooter points out that with China finally opening the demand for oil is going to soar up. The pullback feels like it's all about profit taking as well as the decline in oil and gas prices just today.