Statoil (STO) prepares to shut down production on the Norwegian continental shelf following a...


Statoil (STO) prepares to shut down production on the Norwegian continental shelf following a notice of lockout from the Norwegian Oil Industry Association to take effect Monday and be imposed on all members of striking unions. The leader of the SAFE trade union says the unions are prepared to strike for "weeks." Brent crude +2.1% to $101.90. STO -3.7% premarket.

From other sites
Comments (3)
  • Goeleven
    , contributor
    Comments (617) | Send Message
     
    Sto is Loosing 69 million EURO a day
    5 Jul 2012, 10:57 AM Reply Like
  • Deltascared
    , contributor
    Comments (324) | Send Message
     
    And Old Europe constantly knocks the USA and our stupidity. Ha Ha STO should be at $26 except for the Europeans inability to control unions and do budgets. At least the worldwide recession is being delayed by the Germans until 2013.
    5 Jul 2012, 01:36 PM Reply Like
  • Goeleven
    , contributor
    Comments (617) | Send Message
     
    I regret that I can't translate for you the Europe Newspapers to English. (French, German and Dutch and a little Russian are my languages)
    5 Jul 2012, 02:09 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs