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Daily Telegraph: Shell restored

Daily Telegraph: Shell restored

“However S&P affirmed a negative outlook for the oil group”

Standard & Poor’s, the credit agency, has removed Shell from its “creditwatch” status imposed on January 9 when the oil giant revealed that it had “lost” over 20pc of its proven oil and gas reserves. However S&P affirmed a negative outlook for the oil group. Shell shares closed up 1.5 at 398.5p.

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