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Big oil companies are back in favour

Producers such as Total, Shell and BP are getting "buy" ratings as they cut spending, reduce output to ride out the downturn

Published Tue, Oct 20, 2015 · 09:50 PM
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London

ENERGY companies are finally starting to come back into favour.

After enduring the longest oil-price collapse in more than a decade, crashing profits and an investor exodus, Europe's biggest producers are regaining fans as analysts bet earnings bottomed out last quarter and will now start to recover.

KEYWORDS IN THIS ARTICLE

oil

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