| 24.02.2009 - Oil services sector falls with oil |
| From Forbes: Shares of oil services companies fell on Monday as crude oil prices slid and on analyst expectations that the sector's sharp downturn could be longer and worse than expected. Despite slashes in daily production by OPEC, the price of oil fell $1, or 2.4 percent, to $39 on the New York Mercantile Exchange, as investors worried about a nationwide plunge in energy demand, due to rising unemployment and shuttered businesses amid the deepening economic recession..... Full Article: Source |