Investor's Business Daily | Schlumberger Joins Halliburton in Calling Bottom of Oil Downturn Bloomberg Schlumberger Ltd. said Thursday that the oil industry appears to have reached the bottom of the cycle, echoing smaller rival Halliburton Co., which on Wednesday said the North American market reached its lowest point in the second quarter and is poised ... Schlumberger To Take Back Discounts As Oil Recovers CompaniesSchlumberger says worst is over for oil industry Schlumberger considers rollback on pricing concessions amid oil downturn |