Baker Hughes CEO on Market Uncertainty on Oil

Bloomberg
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Baker Hughes CEO on Market Uncertainty on Oil
Bloomberg
Written by Bloomberg
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Oil is holding near a seven-month high as investors await the next round of US-Iran talks. Prices have climbed this year on concerns about the potential fallout from a US strike on Iran, even as forecasts point to more oil supply than demand later this year. Baker Hughes Chief Executive Officer Lorenzo Simonelli joined Bloomberg Open Interest with his insights and how the company is benefitting from the AI data trade.

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