Schlumberger NV is trading 5.4% down at $45.50 in after-hours trading, extending a steep multi-day decline. - The decline follows a sharp drop in crude oil prices, driven by the U.S. and Iran signing an interim peace agreement and the anticipated reopening of the Strait of Hormuz, which reduces global oil supply disruption risks. - This broad market movement overshadowed positive company-specific news, including SLB's launch of its new Digital Marketplace for AI solutions and Stifel maintaining a 'Buy' rating while raising its price target to $64.00 on the same day.