Halliburton Sees Signs of an Oil Rebound in North America as Iran War Lifts Prices

Halliburton Co. sees early signs of a resurgence in North American oilfields as the Iran war disrupts Middle East production and drives up prices.

The Houston-based company has a nearly-full second-quarter schedule in North America as demand heats up from small and mid-sized oil firms, which tend to respond faster to rising prices, Chief Operating Officer Shannon Slocum said during a call with analysts Tuesday. The next step, he said, would be companies adding drilling rigs.