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BUZZ-Shell, BP total returns soar vs. U.S., European peers

** Royal Dutch Shell (Xetra: A0ET6Q - news) and BP total returns soar on Friday after shares reverse earlier sharp losses in the wake of the British vote to leave the European Union (GRAPHIC: http://reut.rs/28RXQfj)

** Shares (Berlin: DI6.BE - news) of BP and Shell (LSE: RDSB.L - news) , which together account for c12 percent of the FTSE 100 index by market capitalization, were up 1.5 percent and 1.9 percent respectively at 1440 GMT

** The shares have been boosted due to the higher yield of their dollar dividends for UK shareholders, investors say

** Total (LSE: 524773.L - news) returns and share prices for Exxon Mobil (Swiss: XOM.SW - news) , Chevron (Euronext: CHTEX.NX - news) , France's Total and Italy's Eni (Euronext: ENI.NX - news) decline

** Many FTSE 100 companies with earnings outside Britain "are boosted by the substantial fall in sterling which will inflate overseas earnings in the next results" says Lorne Baring, managing director, B Capital Wealth Management in Geneva (RM (LSE: RM.L - news) :ron.bousso@thomsonreuters.com)