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The stock price of Total SA dived 20.9% over the last 200 days, and is in strong down trend.
Millions of customers on pre-paid energy contracts will be protected from April 2017 with an interim price cap, the energy industry regulator said on Wednesday.
The CMA said energy suppliers should handover details of any customer who has been on expensive tariff for three years and persuade them to switch to a cheaper supplier. The interim price cap will save households, which use prepay energy meters, about ?75 a year.
Ofgem found in an annual review that the proportion of people on expensive standard variable tariffs dropped to 66% in March from 69% last year as switching rates increased. However, Ofgem said that it would not cap standard variable energy tariffs, only pre-paid, as it was not in the best interest to customers. Sterling suffered a torrid time on most major crosses this afternoon as renewed Brexit jitters returned to the market and investors moved quickly to ditch the once-proud British currency. Global equities might be headed for a 'melt-up' should historical trading patterns for the different asset classes hold up, strategists at Bank of America-Merrill Lynch said.

Spain’s Socialist party, PSOE, refused to break the eight-month political impasse on Friday, by supporting the conservative party and forming a coalition government. UK stocks whimpered to a lower close on Friday as sterling lost traction on renewed Brexit fears and commodity prices headed south.
European stocks slipped on Friday, with little in the way of corporate or macroeconomic news to drive markets as investors continued to keep an eye on oil prices.
In a bid to recover from the diesel emissions scandal German automotive giant Volkswagen is turning to technology startups in Silicon Valley. Industrial Metals and Mining companies' shares bore the brunt of selling at the end of the week, with Evraz and Glencore in turn the worst performer in their respective sectors. Cambridge Innovation Capital (CIC) has raised ?75m of new capital that will be used to provide additional investment to the group’s current portfolio.
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The fluid flows from left to right, the change in elevation within the valve results in high flow resistance and turbulence, and a high pressure drop. He Covers All From Commodities and China to Inflation, The Euro and GoldJim Grant: The Next Thing Might Be Helicopter Money.
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