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Stock impact report

Crude Oil Prices Settle Higher on Heightened Geopolitical Risks [Yahoo! Finance]

Baker Hughes Company (BKR) 
Company Research Source: Yahoo! Finance
Crude oil and gasoline prices settled higher on Friday. Crude prices are supported amid heightened geopolitical risks in Venezuela and Russia. Also, Friday's stock rally boosts optimism about the economic outlook, which is supportive of energy demand. Crude prices raced to their highs Friday afternoon after the Baker Hughes weekly report showed active US oil rigs fell to a 4.25-year low, which portends lower crude production in the near term. CoreWeave Stock Soars 19% on Genesis Mission, but Is It a Buy? Nat-Gas Prices Drop on a Smaller-Than-Forecast Draw in Weekly Storage Crude Oil Prices Supported by Geopolitical Tensions Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Gains in crude were limited on Friday after the dollar index (DXY00) climbed to a 1-week high. Also, a bearish global supply outlook continues to limit the upside in cru Show less Read more
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