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Market Chatter: Royal Dutch Shell Says Gabon Operations Returned Back to "Normal"

Royal Dutch Shell ( RDS.A ) said its operations in Gabon were running as normal after it struck an agreement with staff, their labor union and the government to end strike action which started on Jan. 12, according to a report from Reuters. ADRs slipped slightly intraday.

"The agreement has immediate effect and operations are running as normal," a Shell spokeswoman was cited as saying in the news report.

ADRs of the company traded near the top end of their 52-week price range of $39.38 - $56.39.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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