Oil Investing News » Oil Services Giant has focused on year end

Oil Services Giant has focused on year end

July 25, 2009 @ 6:05 am In Oil Market News

Schlumberger CEO Andrew Gould declared that volatility in crude oil prices is still spurring oil companies to postpone or cancel projects, but predicted activity could commence to rebound next year if prices finish 2009 at a high enough level.

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[1] here: http://www.chron.com/disp/story.mpl/business/energy/6546600.html