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How European oil giants are profiting from slump

The firms are also the world's biggest oil traders and the bear market allows them to generate higher returns by storing cheap oil today to sell at higher prices in future

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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.

London

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, Royal Dutch Shell and Total