UPDATE 1-Halliburton's incoming CEO sees price hike above 10 pct
May 18, 2017 at 14:07 PM EDT
HOUSTON, May 18 (Reuters) - Halliburton Co, the No. 2 oilfield service provider, expects to raise prices more than 10 percent this year, a higher increase than many customers expect but one executives said is crucial to fuel the oil industry's nascent growth.