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BAKER HUGHES INC
Wall Street rises as chipmakers lead tech shares higherInvestors are eyeing results from Microsoft Corp, Tesla Inc, IBM and Intel this week to see how their business are coping with the threat o...- Wall Street closes higher boosted by tech stocks gains on upbeat earningsElectric vehicle maker Tesla Inc rose 2% in extended trading after reporting a rise in quarterly profit after the bell. "Equity prices are ...
- S&P, Nasdaq enjoy boost from big tech firms, Dow ends a hair lowerFacebook shares, under pressure recently, closed up more than 3% with some positive reports out including its plans to create 10,000 jobs i...
- Oil posts biggest week of losses in nine months as Delta variant spreadsThe crude market has now posted seven consecutive days of losses. Numerous nations worldwide are responding to the rising infection rate du...
- 'Reopening' stocks give S&P 500, Dow strong footing, tech names lagThe Dow Jones Industrial Average rose 0.7 per cent to close at 34,113.23 points, while the S&P 500 gained 0.27 per cent to 4,192.66. The Na...
- Oil falls on rising Libya output, coronavirus surgeLibyan oil production has risen to 1.2 million barrels per day (bpd), a Libyan oil source told Reuters, up from the 1.0 million bpd reporte...
- Petronet to invest $2.5 billion in US company for LNG supplyPLL to invest in Tellurian’s proposed Driftwood LNG terminal; transaction pact to be final by March 31, 2020.
- RBI minutes, govt stimulus, global cues among key market drivers next weekThe RBI will release the minutes of its August monetary policy review on August 21.
- Schlumberger seeks deviations in ONGC oilfield tenderThe government has been pushing ONGC to hire international oil service companies to raise output from its mature oilfields.
- Jeff Immelt steps aside as GE chairman ahead of scheduleImmelt left after determining "that the CEO transition has proceeded smoothly," said the maker of jet engines, gas turbines and ultrasound ...
- Oil declines as US, Libya pump into oversupplied global marketUS drillers increased the rig count by six to 747 last week, the highest level since April 2015.
- Russia and Saudis see crude oil inventories falling after price dipOpec producers agreed on May 25 to extend the supply deal until the end of the Q1 of 2018.
- Saudis greet Trump with more than $50 billion in US dealsSaudi Aramco will sign accords and joint-venture agreements valued at about $50 billion with companies like General Electric, Schlumberger ...
- GE nears about $30 bn deal with Baker Hughes: ReportsGE said in a statement last week that it was in talks with the oilfield services provider on potential partnerships but none of those optio...
- ‘Wall of supply’ to block oil rally at $55, says Goldman Sachs“We’re still seeing a lot of oil enter this market,” Goldman’s head of commodities research Jeff Currie said. “It’s hard for this market to...
- The glut strikes back as oil returns to brink of bear marketOil is poised for a drop of 20% since early June. While excess crude production is abating, inventories around the world are brimming.
- Oil prices rise on lower US rig count although China still worriesOil prices rose as the number of US rigs fell for a sixth straight week, while investors waited for Chinese trade data to be published late...
- Crude oil futures up 1.28% on Asian cuesAt Multi Commodity Exchange, crude oil for delivery in October gained Rs 38, or 1.28 per cent, to Rs 3,009 per barrel, with a business turn...
- Hi-tech, Big Data offer hope to battered US oil industryThe tech geeks are coming to the oil industry's rescue.
- Credit markets see signs of squeeze againFears are growing that world could suffer widespread recession and large investors are responding to the turmoil by deleveraging. Survive c...
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