What Does The Slumping Oil Price Mean For BP plc And Royal Dutch Shell Plc?

Oil is no longer the hottest commodity in the global economy, with supply growing and demand at best static, if not shrinking. What does this mean for BP (LSE: BP) and Shell (LSE: RDSB) — two of the largest companies on the UK stock market — and more importantly what does it mean for shareholders?

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Owain Bennallack owns shares in both BP and Shell. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.