July 30, 2009 @ 7:30 am | Breaking News |
And seldom was heard an encouraging word…. At least from the oil producers and oil service companies that have reported second quarter earnings as of the close of trading on July 29. The best news is that oil companies aren’t slashing capital spending...
July 28, 2009 @ 8:30 am | Update |
One robin doesn’t make a spring. And one new drilling contract with a higher price than the expiring one doesn’t make a turn in the drilling sector. But springs are built one robin at a time and turns in depressed industries begin with a single contract....