have announcedon tens of thousands of job cuts. the brazilian oil company petrobras is scaling back, saying that it will/plan investments between now and 2019 by almost 25%. petrobras is lowering production targets, not only grappling with to beoil prices, it needs said, but has also been drawn into a massive corruption scandal. let's take a look at the stock areet and ask how they faring, as we are seeing oil heading south once again. in the united states, stocks are in negative territory. they started with gains stateside -- actually, we're seeing some gains stateside, i should say. we have essentially seen stock markets in the united states go-between positive and negative territory this session. investors are taking lower oil prices into account, which in turn is putting pressure on energy shares. at the same time, we're seeing some gains for technology companies, for instance. let's talk you through the european close, because on this side of the atlantic, to a certain extent we did see investors look away a little bit from th