Is There a Resurgence in Oil Production Services?

The video discusses the oil industry's recovery prospects, cost reductions, and profitability at lower prices. It explores the concept of contango and its implications for future price expectations. The discussion also covers M&A opportunities in a stable price environment and Halliburton's strategy following the cancellation of its Baker Hughes acquisition.

What are the expectations for M&A activity in the oil industry based on current price stability?

What challenges does Halliburton face after calling off its purchase of Baker Hughes?