The Donald Trump Shipping Stock BoomShares in oilfield services giant Lamprell leapt 5% in end-of-week trading following news of a bumper engineering contract. The East Anglia One project will be home to 102 turbines in total and will generate power for 500,000 homes each year. But make no mistake: the business is still beholden to the health of the oil and gas industry to drive revenues. And this week Russian oil minister Alexander Novak poured cold water on any prospect of the country cutting its own output. Top-line TravailsThe oil industry has seemingly accepted that the oil glut is set to last, and a slew of majors including British operators BP and Shell have again been busy slashing their capex targets again in recent weeks.

Source: Forbes November 25, 2016 11:22 UTC