Oil Equipment/Services

Prices are testing the flattening 40-week moving average line.
The builder of offshore drilling platforms manages to eek out a payout thanks to a fairly strong balance sheet.
The charts suggest that now is not the time for Now.
Here's the problem with buying oils: every single buy has been a bad one.
OPEC reaffirmed production cuts today, and I believe the stakes are too high for them to fall short.
At best, conditions will improve for the industry at a snail's pace.
A longer-term view of oil's issues offers bulls hope.
Some countries' exports to China are heavily concentrated, research paper shows.
This fleet sale is a bet on its deep-water expertise, and could pay off large with higher oil prices.
If oil is going where Morgan Stanley says it is, then it is time to buy oil stocks now.

Columnist Conversations

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General Electric's outgoing CEO Jeff Immelt had some choice things to say at an event in NYC on Thursday ...


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