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Money Talks: Could Royal Dutch Shell Buy BP?
Royal Dutch Shell’s rumoured takeover bid for BP is not as outlandish as first appears, according to Edmund Shing, global equity portfolio manager at BCS Asset Management.
Uploaded on YOUTUBE 9 DEC 2014
Since July, the collapse in world oil prices has been the talk of global financial markets. Brent crude oil, the global benchmark, has fallen from $115 per barrel to under $69 today, a price not seen since 2009.