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Stay away from these oil stocks
2015-01-08 19:47:02| Oil & Gas - Topix.net
It makes sense that the meltdown is also creating huge headaches for oilfield services companies, the ones that provide the equipment and technology needed to explore for and extract oil and natural gas. This previously hot industry relies on a steady flow of capital spending by oil companies, which are now dialing back spending to cope with sub-$50 crude.
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