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Evening Standard
Evening Standard
Business
Simon English

FTSE 100: Markets cling on with big oil bets

Nick Kyrgios Oil Tim Martin Economy

The Chancellor will meet oil and gas industry leaders and workers during his visit to Aberdeen (PA)

(Picture: PA Archive)

TRADERS today bet that old fashioned energy stocks, the much derided “big oil”, might do well as green concerns are overtaken by economic pressures.

Political turmoil might also lead to environmental issues taking a back seat, at least for a while.

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