Baker Hughes CEO Lorenzo Simonelli on oil volatility
CNBC Televisionยท2025-07-10 19:30
I think the mood is pragmatic. Obviously, there's short-term volatility. We all see that.However, when you look at the macro, longer term, and we'll see what the report says. I think the trend is toward energy demand continuing to increase, peak oil continuing to extend further into the 2030s and there really need being a need for the oil and gas industry and for production to increase over the long term. And so where there's short-term volatility, there's still a backdrop of long-term positive trends in th ...