finance
The decision by oil producing countries belonging to OPEC to cut production (1 million barrels) has given breath to the title of six-legged dog that is touching the highest of the day. Eni is rising by almost 0.5% at 13.76 euros accomplice also the rise in Brent in London is back above 25 dollars a barrel.
Total Fina Elf has awarded four new permits for the extraction of oil in the North Sea in Norwegian territory. Through these new investments, the oil company trans significantly reinforces its presence in Norway, where the group is a market leader in the production of hydrocarbons 325mila barrels per day. The title is experiencing a decline of 1, 8% in after hours lost more than 4%.
The oil industry continues to collect negative signs in the final eighth. The Brent futures marks hours $ 19.13 per barrel. Cut this morning in Russia (50000 barrels) was not appreciated by the market. TotalFinaElf marks a decrease of 2.33%, to 146.4 euros. Minus sign also for Royal Dutch in Amsterdam, which exchanges at 55.3 euros (-2.64%) and bending and for Repsol, which reaches almost 16 euros (-1.73%). Heavily penalized even the oil on the square in London, with BP down 3.3% and Shell by 2.4%.
