Shell Denies Merger Talks with BP Amid Speculation

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Source: Crude Oil Prices Today | OilPrice.com
Shell Denies Merger Talks with BP Amid Speculation
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR Summary

Shell has denied actively considering or planning to make an offer for BP, despite media speculation and recent stock movements. The company clarified it has not engaged in talks with BP and is bound by UK market rules not to make an offer for the next six months, though it remains open to future possibilities if circumstances change or a third party shows interest. The speculation about a potential Shell-BP merger has persisted for over a decade, fueled by BP's recent weak performance and market rumors.

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