Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: expat_panama

And the carnage begins..l

http://www.businessinsider.com/schlumberger-cuts-9000-jobs-2015-1?nr_email_referer=1&utm_source=Sailthru&utm_medium=email&utm_content=MarketsSelect


112 posted on 01/16/2015 3:29:18 AM PST by Wyatt's Torch
[ Post Reply | Private Reply | To 106 | View Replies ]


To: Wyatt's Torch
anticipated lower exploration and production spending in 2015.

--based on anticipated continuing lower oil prices in 2016.  This is telling me that they're expecting a plunge to the low $20's  and a longer term leveling off say @ $40.  imho they very well may be right...

114 posted on 01/16/2015 4:03:55 AM PST by expat_panama
[ Post Reply | Private Reply | To 112 | View Replies ]

To: Wyatt's Torch

indexes now positive, futures trades scrambling...


117 posted on 01/16/2015 6:37:33 AM PST by expat_panama
[ Post Reply | Private Reply | To 112 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson