U.S. oil prices moved up above $75 per barrel on Monday, clearing a key technical hurdle and nearing an August high, as tensions in the Middle East continue to escalate. Israel is contemplating a response to Iran, with the country's oil facilities a possible target as it considers a response to last week's missile barrage. With oil prices advancing, a range of oil stocks appeared to be actionable Monday.
We recently compiled a list of the 10 Blue-Chip Stocks to Buy at 52-Week Lows. In this article, we are going to take a look at where Halliburton (NYSE:HAL) stands against the other Blue-Chip Stocks to Buy. Despite the stock market indices hitting record highs this year, some stocks edged lower and are currently languishing near their […]
SLB is set to create Turnwell Industries, along with ADNOC and Patterson-UTI, to advance the UAE's unconventional oil and gas program.