MARKET HEADLINES
- Geopolitical Concerns Keep Oil Supported near $144
- Asian Markets Are Mixed, Shanghai Leads
- For Stocks, Escaping Bear Hinges on Oil, GE
- Euro Stocks Fall as Goldman Note Hits Banks
- Oil Falls to $144, Within Sight of Record High
- Asia Trades Mixed, Nikkei Continues Losing Streak
- BlackRock's Doll: Market Now a Buying Opportunity
- And Here We Go Again ...
- RBC Sees Market Trends Similar to 2001 Market
- Aetna, HealthNet Down on Goldman Downgrade
- Aryx shares fall as P&G pulls out of partnership
- Correction: Construction and engineering wrap
- Movers roundup: TranS1, Church & Dwight
- Movers roundup: Lehman Bros., Jacobs Engineering
- Movers roundup: Aryx Therapeutics,Spectrum Control
- Sector roundup: Rental car cos., chips
- Radian says liquidity, business remain strong
- Sector Wrap: Data storage stocks mostly decline
- GM and Ford rebound after prior day's drops
- Sector Snap: Rental Car Companies
Apr.18
7:35 PM ET
Friday, 18 Apr 2008
As oil hits new highs, so does the energy sector. Which companies are profiting the most?
Topics:Commodities | Dow Jones Industrial Average
Sectors:Oil and Gas
NYMEX crude oil for May delivery [US@CL.1
Loading...
()] hit four new closing records this week, and an intraday all-time high of $117 per barrel. Oil gained 6.1% for this week alone, and achieved the biggest weekly dollar increase ever on the NYMEX of over $5.
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Of the companies benefiting the most from the rise in crude oil, five are within the S&P Oil and Gas Equipment and Services group, a sub-group of the S&P Energy sector, and they are:
BJ Services [BJS Loading... ()
Weatherford International [WFT Loading... ()
Smith International [SII Loading... ()
Baker Hughes [BHI Loading... ()
Schlumberger [SLB Loading... ()
**The S&P Oil and Gas Equipment and Services Group is up 11.97% this week.
S&P 500 Energy Sector 1-Week Winners
© 2008 CNBC.com
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SECTOR : Oil and Gas
COMPANY : Baker Hughes Inc





