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  Economics 
13 of February, 09:21

The price of oil increases due to the reduction of work in energy companies
Today, the price of Brent crude oil has exceeded 57 USD per barrel. Experts believe that the increase is due to the fact that many energy companies against the background of decrease of yield of extraction are trying to reduce costs, to reduce losses.

Thus, the company Totla of France announced that in two years will be dismissed two thousand employees and sell unnecessary assets worth more than five billion dollars.

Concern General Electric also informed that in half reduces the staff in its oil and gas division in Texas.

In addition, in the United States about the impending dismissals also informed Lariat Services Inc. and Trican Well Service.

sections: Economics

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