Date updated:09-10-2008
Crude oil prices fell to a fresh five-month low on Friday on flagging demand in the United States and other consumer nations, extending crude's losses to 8 percent this week.

-
SLB
Schlumberger Ltd - $65.56
- +1.44%
- $64.37
The whole Fannie / Freddie thing could be bad for the dollar, reminds Guy Adami. That could trigger a vicious move higher in oil. If it happens, look at Schlumberger (SLB).

-
FXB
Crrncyshr Bp Ster - $165.40
- 0.00%
- $N/A
I’m short the pound (FXB) but on the Fannie news I’d probably change my position on currencies and take a little off the table. I think the government backstop is bearish for the greenback.

-
FTO
Frontier Oil Cp - $12.22
- +0.33%
- $12.08
Keep an eye on the refiners, adds Pete Najarian. I love the action in Frontier (FTO) and Tesoro (TSO). Lower oil means input costs are less and margins at the refiners should improve.

-
TSO
Tesoro Corp - $12.90
- -1.60%
- $13.09
Keep an eye on the refiners, adds Pete Najarian. I love the action in Frontier (FTO) and Tesoro (TSO). Lower oil means input costs are less and margins at the refiners should improve.
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too hard pick a winner out all of them
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