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Analysis: E.ON, RWE must hope for oil drop to improve results

LONDON/FRANKFURT (Reuters) - Germany's leading utilities, badly positioned in the upstream gas market and tied into long-term gas deals linked to crude, must pin hopes for better results on oil prices coming down.

LONDON/FRANKFURT (Reuters) - Germany's leading utilities, badly positioned in the upstream gas market and tied into long-term gas deals linked to crude, must pin hopes for better results on oil prices coming down.

Executives at E.ON and RWE reported falls in half-year profits of 45 percent and 40 percent respectively this week.

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