Posts Tagged
Europe
Bloomberg Business: Oil Giants in Europe Use Trading Prowess to Profit From Slump
Copyright 2015 Bloomberg. NL24QW6JIJUU (Bloomberg) — Europe’s largest oil companies are gaining support from an unlikely source as they confront the industry’s worst slump since the financial crisis: lower oil prices. Although better known for their oil fields, refineries, and petrol stations, BP Plc, Royal Dutch Shell Plc and Total