Monday, December 8, 2014

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

Oil Falls to 5-Year Low, and Companies Start to Retrench - NYTimes.com:



"HOUSTON — The price of crude oil continued to collapse on Monday, plunging to a five-year low, as oil giants began to scale back their drilling ambitions and pare the ranks of their workers."



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