So this month has started with a wallop to the downside as markets around the world have accelerated their moves south having spent several months in fair weather. Oil's 4% drop last Friday in light markets proved to be an early warning. That many of the O&G companies have suffered dramatic drops in the past two days amplifies the concerns.
December's Dump
So this month has started with a wallop to the downside as markets around the world have accelerated their moves south having spent several months in fair weather. Oil's 4% drop last Friday in light markets proved to be an early warning. That many of the O&G companies have suffered dramatic drops in the past two days amplifies the concerns.