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A strengthening dollar coupled with traders taking profit on last week's crude gains caused a pullback in commodity futures Friday, leading to a market droop despite an uptick in rigs.
The company squeaked out another earnings beat Thursday after markets closed despite revenue declines in all of its operating regions including North America, but analysts are content with the results.
A larger-than-expected crude oil stockpile drawdown saw the commodity soar to one-year highs Wednesday, and with it came an energy industry longing for a comeback.