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Macquarie Oil Stock Picks

Monday, 30 Jul 2012 | 3:15 AM ET

"In Europe we particularly like Royal Dutch Shell and BG Group and for very different reasons we see Royal Dutch Shell as a company that very much benefits from the oil price environment they have good growth in the near term whereas BG is what I would consider the premier growth company in Europe," Jason Gammel, head of European oil and gas research at Macquarie Group, told CNBC.