Canadian oil firms with interests in the U.K.'s North Sea consolidate after taking big hits on...

|By:, SA News Editor

Canadian oil firms with interests in the U.K.'s North Sea consolidate after taking big hits on yesterday's announcement of a windfall profits tax. More than just the U.K action, the fear is this will be the start of a trend as governments eye some easy cash. NXY -0.9%, TLM +1.2%, CNQ -0.3%.