Schlumberger as a Model for Managing Cheap Oil

The video discusses the oil services industry, focusing on management, cost management, and the impact on dividends and supply. It highlights the importance of North America in oil production and the trends in rig counts. The discussion also covers Slumber J's market position, emphasizing its technology edge and international exposure. The video concludes with an outlook on the future of the oil sector, addressing supply-demand imbalances and potential challenges.

What is a key factor affecting the oil supply side according to the first section?

• International trade agreements

• Technological advancements

• Cost-cutting measures by companies

• Increased demand for oil

Why does Schlumberger trade at a premium compared to Halliburton?

• Higher domestic market share

• Technological edge and international exposure

• Lower production costs

• Better management team

What challenge has Halliburton faced that is mentioned in the second section?

• Decreased international presence

• Lack of technological innovation

• Baker Hughes deal complications

• Declining oil prices

What is a significant issue in the oil sector discussed in the third section?

• Overproduction in Europe

• Full-scale cash crisis

• Decreasing demand in Asia

• Rising operational costs

When is the supply-demand balance in the oil sector expected to become more imbalanced?

• In the next decade

• By the end of this year

• In the next five years

• By mid-next year