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How much is Statoil bleeding?

LessThunk: Just saw this ad on Bloomberg; Wonder how much Statoil is currently bleeding to run ads. At least Norway has a gigantic wealth fund for the country and did not blunder the easy money. Surprised the share price of Statoil is not lower. How long will these low oil prices last?

 

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Categorised as: Investing

Posted by: Kramer



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