MW: Oil, gas stocks resume slide as futures prices fall
OPEC cuts 2009 growth target, and crude sinks toward $75 a barrel
By Steve Gelsi, MarketWatch
NEW YORK (MarketWatch) -- Energy stocks fell further into the red for a second session on Wednesday as oil prices retreated toward the $75 level and OPEC moved to cut its growth outlook for next year.
In two days of selling, the sector is giving back much of its gains from a huge rally on Monday.