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Monday 22 June 2015
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Pre-Market Stocks Highlights: National Bank of Greece, (NYSE:NBG), Denbury Resources, (NYSE:DNR), Oasis Petroleum, (NYSE:OAS)

On Wednesday, Shares of National Bank of Greece S.A. (NYSE:NBG), gained 0.92% to $1.10, despite the country’s central bank has warned for the first time that it may be on a “painful course” to default and an exit from the EU and Eurozone, BBC.com reports.

Debt negotiation talks between Greece and its international creditors have stalled following months of tense discussions. Each side is blaming the other for the failed talks.

National Bank of Greece S.A., together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities. It offers current accounts, deposit multiproducts, deposits in foreign currency, savings accounts, sight accounts, and time deposit accounts.

Shares of Denbury Resources Inc. (NYSE:DNR), declined -3.59% to $6.71, during its last trading session, as oil prices in New York dipped on Wednesday, following a mixed US petroleum supply report that showed lower crude supplies but a rise in gasoline stocks.

US benchmark West Texas Intermediate for delivery in July slipped five cents to US$59.92 a barrel on the New York Mercantile Exchange. European benchmark Brent oil for August delivery added 17 cents at US$63.87 a barrel in London.

Commercial oil stocks in the US fell by 2.7 million barrels in the week ending June 12, marking the seventh straight weekly decline, according to data from the US Department of Energy.

Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on improved oil recovery utilizing carbon dioxide. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region.

Finally, Oasis Petroleum Inc. (NYSE:OAS), ended its last trade with 0.82% gain, and closed at $17.11, as U.S. oil prices settled with a loss of a nickel on Wednesday, mostly recovering from the dive they took in the wake of a weekly report that showed an unpredictable climb in gasoline inventories and a sizable enhance in stockpiles at the futures delivery hub in Oklahoma.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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