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From pump prices to ETFs, here’s what to watch if Shell moves forward with a takeover of its oil industry rival.
A potential megamerger between two of the world’s biggest oil companies is turning heads and moving markets. On June 25, The Wall Street Journal reported that Shell is in early-stage talks to acquire BP. BP declined to comment, while Shell told CBS News the report was “further market speculation” and said no discussions are taking place. According to CBS News, BP shares rose 10% on the news…
