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Why Halliburton Rallied Today

TheMotleyFool 
0 0 23.09.25
Why Halliburton Rallied TodayPhoto, wide shot, wide-angle lens, Coal company, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/0e838f13-fa33-4583-92e9-bf3375dacf70.png
 

Shares of (NYSE: HAL) had rallied 9.6% on Tuesday at 1:00 p.m. ET.

Halliburton and other oil-and-gas-related stocks took off today as oil and gas prices rose due to increasing and worrying tensions between NATO countries and Russia.

After last week's incursion of Russian drones into NATO airspace, NATO leaders declared today that there would be a "robust" response to the recent incursion. That likely means further sanctions, which could further limit Russian supply to global markets, with Russia accounting for about 10% of total global oil supply.

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Source Fool.com

Halliburton Co. Stock

€29.75
4.350%
A very strong showing by Halliburton Co. today, with an increase of €1.24 (4.350%) compared to yesterday's price.
The stock is one of the favorites of our community with 58 Buy predictions and 1 Sell predictions.
With a target price of 35 € there is a slightly positive potential of 17.65% for Halliburton Co. compared to the current price of 29.75 €.
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