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Big impairments put immense pressure on Akastor in 2016

Norwegian oil service company Akastor was hard hit by weak activity in 2016 caused by the oil price. Revenue was nearly slashed in half and impairments contributed to a significant deficit.

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Trafigura CEO: Continued oversupply on the oil market

2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.

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