Price war to the bitter end?
Oil spills into the broader economy.
Chesapeake’s bonds are plunging.
In face of intensifying local opposition?
After fracking, offshore drilling.
Worst one-day hit since the Financial Crisis.
Traders are uniformly betting against it, a great contrarian sign. But wait….
“Maybe this isn’t a great indication of the state of the economy.”
All eyes are now on Chesapeake.
“This requires more patience” – the Saudi Central Bank.