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The trajectory of U.S. oil production may further upset the balance of global crude supply and demand, sending commodity prices plummeting once again, one firm argues.
The rig count now stands at 941, up 283 units on the year, with 11 new oil rigs coming online this week and three gas rigs coming offline.
Ask good questions, listen, pivot and be ready to take some heat, Jeffrey Immelt said.
Let's drill into BHI's technicals.