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Analysts project significant oil price fluctuations

The oil price will likely hover between USD 50-65 per barrel for the last three months of the year, projects Global Risk Management in a new quarterly analysis.

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Statoil awards oil contracts worth billions

Oil company Statoil has awarded three contracts to three different suppliers valued at a total NOK 8 billion. One of the agreements goes to Aker Solutions, which recently landed a large contract with Maersk Drilling.

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