Repsol YPF shares rose by as much as five percent yesterday on newspaper reports that Argentina, which accounts for two-thirds of production at Europe's fifth-largest oil company, has formally scrapped a limit on oil exports from the country.
The shares rose by 52 cents to 12.04 euros as of 1:10 p.m. at the Madrid stock Exchange, taking the stock's gain to eleven percent in the last four sessions.
The Argentine government had previously set a thirty six percent limit on total oil production, to secure local supply and keep prices stable.
Russia has delivered three divisions of anti-aircraft missile systems S-300PM-2 to Syria. These systems differ from the classic S-300