Transocean (rig) Stock Falls Today

NEW YORK (TheStreet) -- Shares of offshore driller Transocean fell 5.77% to $16.98 in afternoon trading Tuesday as oil prices declined to stop their recent rally. U.S. oil prices have climbed almost 30% since a low in March, as analysts had expected that the oversupplied market would balance in 2015. But analysts are now warning that, although U.S.

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BING NEWS:
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    Transocean (NYSE: RIG) stock price has faced major headwinds in the past few months even as energy prices have remained at an elevated level. It has remained in a deep bear market as it collapsed by ...
    04/25/2024 - 7:55 pm | View Link
  • US Oil & Gas Drilling Rig Tally Falls: Here's What it Means
    In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and ...
    04/17/2024 - 1:11 am | View Link
  • Transocean (RIG) Stock Sinks As Market Gains: Here's Why
    The most recent trading session ended with Transocean (RIG) standing at $6.53, reflecting a -0.15% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.11% gain on the ...
    04/5/2024 - 11:00 am | View Link
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