Short term view - TOTAL GABON : Falling prices.
The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant.The next support is at €140.10. The background trend would be questioned should prices rise above €165.86.
Total Gabon is mainly engaged in the crude petroleum and natural gas sectors. Co. is engaged in international oil and gas exploration and production. Co. operates under licences, concession agreements, and production-sharing agreements with host nations. Co. is involved in the exploration, excavation and sale of oil and gas. Co. is also engaged in oil refining, marketing, and trading.
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