LiteForex - Analytics

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    Brent: general overview on 17.02.2015

    Brent crude oil rate continues to rise. The price reached a level of 62.40 yesterday, which is the highest value since the beginning of this year. Many experts think that oil corporations' business optimization plans have influenced the quotes of "black gold". Thus, Total has announced staff shedding.   The French company plans to have cut about 2 000 jobs by 2017 and sell assets worth 5.5 billion dollars. General Electric's oil and gas department has cut 45% of staff. Such companies as Lariat Services Inc and Trican Well Service have also announced layoffs. 

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