Tag Archives: Raw oil

Schlumberger is cutting staff as virus hits revenue

Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …

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Global stocks fall back on Sino-US tensions

LONDON / SYDNEY (Reuters) – Global stocks slid further from the five-month spikes on Friday, as a pickup in European trading activity did little to ease concerns surrounding Sino-US tensions, while gold it approached a record high. FILE PHOTO: The London Stock Exchange Group offices are seen in the City …

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Global stocks fall back on Sino-US tensions

LONDON / SYDNEY (Reuters) – Global stocks slid further from the five-month spikes on Friday, as a pickup in European trading activity did little to ease concerns surrounding Sino-US tensions, while gold it approached a record high. FILE PHOTO: The London Stock Exchange Group offices are seen in the City …

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