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Sunday, 22 April 2018

Schlumberger profit barely tops Street, says oil market balanced

Schlumberger profit barely tops Street, says oil market balanced

22 April 2018, News Wires – Schlumberger NV reported first-quarter profit that scraped past estimates, but the stock fell 1.3 percent on a drop in oil prices and a jump in costs for the oilfield services provider. Brent and U.S. crude turned negative after U.S. President Donald Trump on Friday criticized OPEC for output curbs …

The post Schlumberger profit barely tops Street, says oil market balanced appeared first on SweetCrudeReports.

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