Reuters first with Shell putting German unit up for sale

Shares in Royal Dutch Shell reversed losses of 1.3 percent to turn positive on June 30 after Reuters tapped sources to break news that the oil major has put its German gas storage business, a joint venture with Exxon Mobil, up for sale. The stock outperformed the STOXX Europe 600 Oil and Gas index, which moved in the opposite direction. Bloomberg picked up the story citing Reuters while Dow Jones took five hours to source the story on its own and was unable to match all the details. Major newspapers in Germany and the Netherlands, such as Die Welt and Financiele Dagblad, picked up the story.