There are myriad concerns across the energy complex, the most prevalent one centered around declining global growth reducing the demand for energy.
A key technical sign indicates forward-looking investors slowly have been going long into weakness in shares of the oil services giant.
Let's check the charts of SLB to see if all that bearish news has been discounted.
Plus, a look at the uncertain prospects for a Saudi Aramco initial public offering.
Let's check out the charts for some guidance.
Here's a short-term trade for crude, as the longer-term trend in oil remains bearish.
Ecuador had asked OPEC for permission to produce above its quota, but it was never answered. It matters little to OPEC -- but for Ecuador, it no longer serves its interests to be part of this bigger organization.
The technical pattern of the indices actually looks quite promising, but under the surface is a different story.
Dozens of beaten-up stocks could see tax-loss selling into the end of the year; here's a preview of some that could make up the next Tax Loss Selling Portfolio.
A new technical look is warranted.