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Now gas joins oil on the way down

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Shareholders in Royal Dutch Shell waved through the oil giant’s controversial £36bn takeover of BG Group last week despite concerns that the 40% plunge in the oil price since the deal was announced last year meant the chief executive, Ben van Beurden, was vastly overpaying.

The Dutchman’s bet that the crude price will double from its current $36 a barrel is certainly ballsy. 

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