
The sliding oil price and the low oil markets have taken their toll on Statoil. Specifically, the company's market value on the stock exchange has plummeted by close to USD 15 billion over the past three months, reports Norwegian business daily Dagens Næringsliv.
And the problems could become even worse for Statoil, explains analyst John Olaisen of ABG Sundal Collier to the Norwegian newspaper.
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