By Finance Pulse in SLB —

SLB's Unexpected 28% Drop in 2024 Amid Oil Market Challenges

SLB stock fell over 28% in 2024 due to oversupply and weak demand in the oil market. Analysts remain optimistic for a potential 48% rebound in 2025.

A dramatic oil market graph with a downward trend, symbolizing SLB's unexpected stock drop amidst oversupply and reduced demand.
SLB's Unexpected 28% Drop in 2024 Amid Oil Market Challenges

Despite expectations of a significant rise, SLB fell over 28% in 2024 due to pressured oil prices.

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