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Shell slips as concern shifts to debt pile

Screen Shot 2016-08-01 at 21.59.50Bryce Elder: August 1, 2016 6:40 pm

With oil at three-month lows, concerns about Royal Dutch Shell ’s debt burden left it among Monday’s biggest fallers.

RBC said that while investors had become more comfortable with Shell’s purchase of BG, the weak oil price had shifted attention to Shell’s $75bn of net debt and its reliance on disposals.

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