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The Guardian: Traders suggest Chevron could try to buy BP

Nick Fletcher
Tuesday February 27, 2007

A new burst of bid speculation and some reasonable trading news helped the London market make a bright start to the week yesterday.

Oil giant BP added 10p to 545p on vague talk of a possible bid from rival Chevron, with one trader commenting: “The BP rise can’t just be down to an increase in the oil price.”

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http://business.guardian.co.uk/marketforces/story/0,,2022257,00.html

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