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Eni Looks Into Buying Oil & Gas Assets of BP in Algeria

Permian Oil Drilling Rig Tally Rises for 3 Consecutive Weeks | Hellenic Shipping News Worldwide

Permian Oil Drilling Rig Tally Rises for 3 Consecutive Weeks In its weekly release, Baker Hughes Company BKR reported an increase in the U.S. rig count. More on the Rig Count Baker Hughes’ data, issued at the end of every week since 1944, help energy service providers gauge the overall business environment of the oil and gas industry. A change in the Houston-based oilfield service player’s rotary rig count impacts demand for energy services like drilling completion and production, provided by the likes of Halliburton Company HAL, Schlumberger Limited SLB and Transocean Ltd. RIG. Details Total US Rig Count Increases: The count of rigs engaged in the exploration and production of oil and natural gas in the United States was 455 for the week through May 21compared with the prior-week figure of 453. The latest tally marked the highest count since April 2020. Moreover, the count has increased for four consecutive weeks. Notably, the current national rig count is above the year-a

Stocks Turns on Analysts Forecast: Whiting Petroleum (NYSE:WLL), Marathon Petroleum (NYSE:MPC)

Several matter pinch shares of  Whiting Petroleum Corporation (NYSE:WLL) [Trend Analysis], as shares moving down -1.67% to $8.22 with a share volume of 9.06 Million. Finally, analysts shed their light over the WLL price targets; maintaining price high target of 19 while at average the price target was 13.90 in contrast with the current price of 8.22. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal. So does the rankings given by analysts; let us highlight rankings table and we had 14 analysts recommending BUY ratings for current month and for previous month 14 stands on similar situation; while 21 for the current month as compared to 23 analysts recommending for HOLD from the pool for previous month. While 1 stand at overweight and 2 out of pool consider it as Sell for current month. For the overall

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