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Oil spending up again after 3 years of downsizing
Published Tue, Jan 10, 2017 · 09:50 PM
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Houston
THE oil industry is expected to boost spending for the first time in three years after slashing almost half a million jobs globally during the downturn, according to industry consultant Graves & Co.
More than three quarters of the 440,131 oil jobs eliminated around the world till the end of 2016 came from the oilfield service providers, drilling contractors and equipment makers, s…
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