Business InsiderOil companies slash spending, jobs as prices slide for second timeBusiness InsiderHOUSTON (Reuters) - The stark reality of a much-feared second dip in crude prices is prompting global oil majors and nimble U.S. shale companies alike to ax s …

Wall Street Journal (blog)Lower Oil Prices Boost Pressure on Consumers to Drive Economic GainsWall Street Journal (blog)Oil prices, which have plummeted by 50% from a year ago, have dissuaded businesses from investing in drilling equipment, wells, ports an …