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Shell Newsroom
Crude Oil Tests Fresh Seven-day Low on Continued Concerns About Demand
Hurricane "Raphael" rages, 25% of oil and 16% of natural gas production capacity in the Gulf of Mexico forced to shut down.
The U.S. offshore energy regulatory agency reported on Sunday that more than 25% of the oil and 16% of the henry hub natural gas production capacity in the Gulf of Mexico is shut down due to Hurricane Raphael.
Shell Set to Resume Operations in Gulf of Mexico After Hurricane Rafael
Express News | Shell: Beginning to redeploy personnel to assets in the Gulf of Mexico. All mobile drilling teams will return to the drilling sites to resume operations.
Should Income Investors Look At Shell Plc (LON:SHEL) Before Its Ex-Dividend?
Shell Confirms Gas Discovery in the Southern North Sea Selene Well
Shell Enhances Shareholder Value With Buy-Back Program
AstraZeneca, Aviva, Vodafone and Shell All Feature in Busy Week Ahead | LSE:DLG
The transit agreement for Russian and Ukrainian natural gas is about to expire. Bernstein reassures the market: the impact on Europe is not significant.
Analysts at Bernstein believe that if Russian natural gas continues to flow through Ukraine to Europe, the impact on European fuel prices this winter will be very limited.
J.P. Morgan Sticks to Its Buy Rating for Shell (UK) (SHEL)
Energy giants publicly 'pessimistic': the crude oil industry will eventually decline, transitioning to the metal market.
Many energy trading giants are turning their attention to the metal sector......
BMI Predicts Decline In Oil Prices, Citing OPEC+ And US Election
Trump's Middle East global strategy exposed!
Trump may once again impose 'maximum pressure' on Iran, sanction Iranian oil, strongly support Israel's strikes on Iranian nuclear and energy facilities.
Midday crude oil analysis: Both American and Brent oils have fallen back during the Asian trading session, but will the Fed rate cut provide price support?
The Federal Reserve lowered its target interest rate by 25 basis points at 3 a.m. Beijing time today, marking the second rate cut since 2020.
OPEC+ has extended the duration of production cuts, the decrease in supply is helping the oil price bottom rebound.
The overall trend of crude oil is showing a volatile upward trend. The average price of WTI this week is $70.78 per barrel, up $1.75 per barrel, or 2.53%, from the previous week. During the week, the main factors boosting oil prices include: OPEC+ extending production cuts, hurricanes leading to a reduction in US oil production, and ongoing uncertainty in the Middle East geopolitical situation. The main factors putting pressure on oil prices include: EIA's increase in crude oil and petroleum product inventories.
Oil Prices Rise As Investors Weigh US Election Impact And Supply Disruptions
Shell Launches Major Share Buy-Back Initiative
Oil Edges Higher Ahead of Fed Decision -- Market Talk
Shell's Profit Surge Met With Spooky Protest Over Environmental Impact
Commodity Roundup: Oil Prices Down, Gold Steadies as Focus Shifts to Fed Rate Decision