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Shell proves it’s the best of a not-so-slick bunch

Latest strategy day should be enough to satisfy investors over its immediate future

Chief executives often claim they hate direct comparisons with rivals. Yet for Shell boss Wael Sawan, comparisons with London-listed competitor BP only serve to flatter.

Since Sawan took the helm in January 2023, Shell’s share price has significantly outperformed both US and European rivals, gaining almost 20 per cent. By comparison, BP’s shares have lost 6 per cent over the same time.

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