Repsol Settles with Oil

El Pais

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The companies that live to extract, refine, buy and sell oil and its derivatives, in the case of Repsol, adjust the business to the forecasts. Good and bad news. In the short term, the bad news is that raw material, oil, low price, which can affect profits, investments, financing and quotation on the Stock Exchange. Arena. But there is also good news [for companies].

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News of the Day and the Hour Latest News of the day Repsol CEO Josu Jon Imaz confirmed that the Spanish company continues to hold a "free, open and sincere dialogue" with the United States government, with the aim of ensuring its operational stay in Venezuela. According to the news agency Europa Press, Imaz stressed that "the activities of the company in the South American country in both the oil and gas sector remain active." In particular, he…