Nov 6th article (google "news on Halliburton baker hughes merger", select article entitled, "Jefferies Throws Shade At The Halliburton/Baker Hughes Merger". Here are the bullet points:
•Jefferies has "less confidence" in the HAL/BHI merger being approved, now that the EU is "asking a lot of questions" about it.
•Jefferies believes this implies the EU is concerned that the merger would reduce competition.
•The EU's concerns may be valid. Market chatter suggests Halliburton is using its strong balance sheet to offer price concessions.
•Weatherford has tamped down sales of pressure pumping equipment because the economics are "punitive."
•If the deal fails, HAL and BHI could fall 35% and 45%, respectively. Avoid these stocks.
It would appear that there are more issues to worry about than just crude oil pricing, n'cest pas?