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Thursday, May 25, 2017

Shell, ConocoPhillips oil sands share selloff risks flooding market

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CALGARY, Alberta (Reuters) – Canadian equity markets risk being swamped with oil sands company shares this year as Royal Dutch Shell and ConocoPhillips prepare to offload C$6.8 billion (3.9 billion pounds) worth of stakes in two domestic producers, just months after acquiring them.

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May 25, 2017 at 01:03PM

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