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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.
Energy stocks and the auto industry were in focus Wednesday.
The deals with top U.S. companies such as oilfield services firms Schlumberger, Halliburton, Baker Hughes, and Weatherford are part of the Saudi Aramco's push to develop local manufacturing.
Jim Cramer says he respects Buffett's judgment. Cramer's also bullish on some airline stocks.