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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
Add BT as a preferred sourcePublished Tue, Oct 20, 2015 · 09:50 PM
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.
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