Crude Oil Prices Mix Up the Stock Market Written By: Miranda Marquit 2008-06-20 13:22:06 Photo: jpchan, Creative Commons, Flickr
After easing up a bit, oil prices are back on the rise, and nothing the Saudis say about increased production and a meeting with producers and consumers seems to be stopping the gains. As a result, the broader stock market is down (helped along by additional worries over the continuing credit market crisis), and even the energy sector is seeing some setbacks.
Oil Services Companies See Gains Written By: Miranda Marquit 2008-06-05 11:28:46 The energy sector is rising again, with oil services companies leading the way. A number of exploration ventures are helping Big Oil on the stock market. Additionally, oil future are on the way up again. One of the oil services companies that saw some good results on the market Thursday was Hess (HES), due to speculation over what the company will do with its recent discovery in the Gulf of Mexico.
We also discovered a culture of abuse and promiscuity in the RIK program. Several staff admitted to illegal drug use as well as illicit sexual encounters. Alcohol abuse appears to have been a problem when RIK staff socialized with industry. Sexual relationships with prohibited sources cannot, by definition, be arms-length.
