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Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output ...
U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes ...
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The projected fair value for Baker Hughes is US$62.17 based on 2 Stage Free Cash Flow to Equity. Baker Hughes is estimated to be 38% undervalued based on current sha ...
The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil rig counts and crude production dipped.
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EU sanctions on Russian crude, Iran nuclear talks, and U.S. tariffs may impact oil market dynamics and prices.
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The number of total oil and gas drilling rigs in the US gained 7 to 544, rising for the first time in 12 weeks and posting the biggest weekly increase this year, Baker Hughes said.