Oil majors cast shadow over UK dividends after price slump
The steep fall in the oil price could damage growth and dividend prospects for some of the UK's biggest stocks, adding to managers' concerns over the outlook for the wider market.
Brent crude oil prices have fallen 40% since June, dropping from $114 a barrel to below $70 last week, as demand weakens and suppliers decline to cut production. The UK’s two oil majors, Shell and BP,...
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