Energy issues are lower before the bell as oil prices fall amid
concerns about U.S. crude stockpiles. Total SA (
) too is down over 1% pre-market on the NYSE even though France's
oil refinery workers agreed to go back to work at three of the
country's 12 refineries. Energy Minister Jean-Louis Borloo said
that 80% of the country's service stations should be back in
business Wednesday. Royal Dutch Shell plc (RDSA) will sell its
Finnish and Swedish operations to Finland's privately held St1 for
$640 million. St1 produces biofuel and runs gas stations across
Scandinavia and currently purchases some of its oil from Norway's
Statoil ASA (
) and ExxonMobil Corp (
). Brent crude is down 0.9% at $82.94 a barrel on NYMEX.
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