Finance

Saudi move wipes $1 billion off Weatherford value as oilfield service players shares plunge

Mini-rout also hits shares in SLB, Halliburton, Baker Hughes and NOV as analyst warns of major 2025-2026 market impact

Mini rout: Traders work on the floor of the New York Stock Exchange on Monday.
Mini rout: Traders work on the floor of the New York Stock Exchange on Monday.Photo: AFP/SCANPIX
Africa CorrespondentLondon
SLBBaker HughesHalliburtonWeatherfordNOV
Published 30 January 2024, 16:37Updated 30 January 2024, 16:58