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Market Impact: 0.3
BP and Shell fall as oil slides on Saudi supply recovery and Iran talks
Source: proactiveinvestors.com
Energy Markets & PricesGeopolitics & War
BP and Shell shares fell in early London trading as crude oil prices declined more than 2%. The selloff reflected recovering Saudi Arabian exports and hopes for renewed US-Iran diplomacy, both of which could increase perceived global oil supply availability.
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Overall Sentiment
mildly negative
Sentiment Score
-0.35
Ticker Sentiment
BP-0.35
SHEL-0.32
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