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  • Oil Services Stocks Fuel Higher 0 comments
    Jan 27, 2012 10:53 AM | about stocks: OIH, SLB, HAL, BHI, RIG

    This morning, the Market Vectors Oil Services ETF (NYSEARCA:OIH) is trading higher by $2.17 to $126.16 a share. It seems that there was favorable court ruling for Transocean Ltd (NYSE:RIG) regarding the Deepwater Horizon oil spill. RIG stock is trading higher by $1.53 to $48.76 a share. Leading oil services stocks such as Halliburton Co (NYSE:HAL), Baker Hughes Inc (NYSE:BHI), and Sclumberger Ltd (NYSE:SLB) are all trading higher this morning. It is important to note that all of these stocks are trading near short term resistance levels on the daily charts.

    Nicholas Santiago
    InTheMoneyStocks.com

    Stocks: OIH, SLB, HAL, BHI, RIG
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