Business Insider | OIL CEO: The oil industry is facing 'a full-scale' crisis Business Insider Stop me if you've heard this one before: the oil industry is in some serious trouble. Prices have plummeted due to a global oversupply and many companies are facing mountains of debt, loads of expenses, and cratering profits. If you're looking for some ... Schlumberger CEO Sees `Full-Scale Cash Crisis' in Oil Sector |