Oil Falls to 5-Year Low, and Companies Start to Retrench

Major oil companies are scaling back drilling plans and laying off workers, with prices off 40 percent since July. [Source]

Origin: nytimes.com

Category: Organization of the Petroleum Exporting Countries

Topics: since, percent, prices, workers, laying, plans, drilling, scaling, companies, Major, Retrench, Start, Companies, 5-Year, Falls

Source: http://rss.nytimes.com/c/34625/f/640350/s/413fbc91/sc/2/l/0L0Snytimes0N0C20A140C120C0A90Cbusiness0Cenergy0Eenvironment0Coil0Efalls0Eto0E50Eyear0Elow0Eand0Ecompanies0Estart0Eto0Eretrench0E0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm