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Stocks Baker Hughes Inc

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  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders shrugged off a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in Laurel...

  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders paid little heed to a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in...

  • The number of rigs in U.S. oilfields fell by 13 to a total of 662, compared with 1,584 at this time last year.

  • NEW YORK, Sept 4- Crude futures fell alongside stocks on Wall Street on Friday as the oil market awaited a weekly reading on the U.S. oil rig count, after jobs data from the world's No. 1 economy failed to provide much direction. "There's a sell off in both energy and equity futures," noted David Thompson, executive vice-president at Powerhouse, an energy-specialized...

  • *U.S. payroll data, Baker Hughes rig counts due Friday. Brent was up $1.50 at $52 a barrel by 1421 GMT, after rising 94 cents in the previous session. U.S. crude rose $1.70 to $47.95 a barrel, up from the day's low of $45.65 and after settling 84 cents higher on Wednesday.

  • Expect more weakness in oil ahead: Expert Tuesday, 1 Sep 2015 | 4:23 PM ET
    Oil

    After enjoying a big, three-day rally, oil tumbled Tuesday and several energy pros don't see things getting better anytime soon.

  • US crude flirts with close of under $40 a barrel Monday, 24 Aug 2015 | 1:47 PM ET

    NEW YORK— The price of U.S. oil closed under $40 a barrel on Monday for the first time since the days of the global economic crisis on fears of a slowdown in the world economy. Oil hadn't closed below $40 since February 2009, although it briefly traded below that level on Friday. Supplies have built up and growth in the world economy has been slow, with China's economy...

  • LONDON, Aug 24- Saudi Arabia's strategy for rebalancing the oil market through a period of lower prices shows few signs of working so far- with rival producers claiming they will raise output even as prices slide to new lows. Within OPEC, other producers, principally Iraq and Iran, are determined to continue raising their output even as prices slump.

  • *Citi lowers base case oil price forecast. SINGAPORE, Aug 17- Oil prices fell to near six-year lows on Monday as Japan's economy contracted and producers in the United States added drilling rigs for a fourth straight week despite a recent rout in prices. Japan's economy, the second biggest in Asia and No.3 in the world, shrank in the second quarter from a year earlier,...

  • Reflecting plans announced in May and June, when U.S. crude futures averaged $60 a barrel, drillers added two oil rigs in the week ended Aug. 14, bringing the total count up to 672, the highest since early May, oil services company Baker Hughes Inc said in its closely followed report. Drillers added oil rigs in two of the four major U.S. shale oil basins, with five in the...

  • OIL DRILLERS ADD RIGS, EVEN AS PRICE DIVE ANEW- BAKER HUGHES.

  • Shale is more expensive to produce than oil from the giant conventional fields of the Middle East but cheaper than deepwater megaprojects and competes directly against the North Sea and Canada's oil sands. Megaprojects developed by the major international companies must now be benchmarked at prices of just $70 or even $50 a barrel rather than the $80- $100...

  • LONDON, Aug 10- Crude oil futures touched multi-month lows on Monday after a weekend of mixed data from China showing higher oil imports in July but weaker trade figures overall, hurting sentiment across the commodities markets. Brent was down 19 cents at $48.42 a barrel at 0854 GMT, after touching $48.24 earlier in the session, the lowest in over six months.

  • TOKYO, Aug 10- Crude oil futures fell on Monday in early Asian trading, touching fresh multi-month lows after disappointing data from China over the weekend showed exports tumbled in the world's second-largest economy. Brent was down 31 cents at $48.30 a barrel at 0130 GMT, after touching a more than six-month low of $48.26. U.S. crude fell 27 cents to $43.60 and...

  • TOKYO, Aug 10- Crude oil futures fell on Monday in early Asian trading, touching fresh multi-month lows after disappointing data from China over the weekend showed exports tumbled in the world's second largest economy. Brent was down 22 cents at $48.39 a barrel at 0130 GMT, after touching a more than six-month low of $48.26. U.S. crude fell 18 cents to $43.69 and fell...

  • US crude settles down 79 cents at $43.87 Friday, 7 Aug 2015 | 2:36 PM ET

    Crude oil futures rolled towards its longest run of weekly losses since the turn of the year.

  • NEW YORK, Aug 7- Crude oil dipped on Friday, plumbing multi-month lows and headed for a sixth straight week of losses, pressured by tumbling gasoline prices as the approaching end of the U.S. summer driving season suggested a growing surplus in fuel supply. Traders and investors were awaiting the latest weekly reading on the U.S. oil rig count from industry firm...

  • LONDON, Aug 3- The biggest losers from the current price war between OPEC and the shale producers seem set to be producers outside the Middle East and North America caught in the cross-fire. Expensive production from the North Sea, Canada's oil sands, offshore megaprojects, weaker African and Latin American members of OPEC, and frontier exploration areas around...

  • Early movers: GS, PRE, SHLD, HZNP, TSN, T & more Monday, 3 Aug 2015 | 7:47 AM ET
    A trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • NEW YORK, Aug 2- Oilfield services provider Halliburton Co announced in a statement on Sunday it had received a request from the European Commission for additional information about its proposed $35 billion merger with rival Baker Hughes Inc.. Halliburton's statement said the European regulators' request came as a response to a standard notification form...