Drilling Stocks Plunge on Bets for Oil Price Slump

[ad_1] Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a coming drop in oil demand amid a slowing economy.…

WSJ News Exclusive | Oil-Field-Services Companies Hold Merger Talks

[ad_1] NexTier Oilfield Solutions and Patterson-UTI Energy are discussing a deal that would create a bigger player in a consolidating industry. [ad_2] Source link