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SHEL News30 articles
Shell Shares Dip as Oil Price Decline and Buyback Pause Weigh
Shell shares declined 0.32% in London as Brent crude fell to a three-month low and the company paused its $3 billion buyback ahead of the ARC Resources acquisition, removing near-term support.
Markets
London Stocks Slip as Oil Surge Offsets Tate & Lyle Deal Boost
The FTSE 100 slipped 0.28% as a jump in oil prices boosted energy stocks but weighed on airlines and tech, while Tate & Lyle soared 13% on a £2.7bn cash takeover by Ingredion.
Markets
Oil Slips on Ceasefire Hopes, Tight Inventories Loom
Oil prices dropped Friday on ceasefire optimism, but tight inventories and summer demand risks could trigger a price spike.
Commodities
C3.ai CEO Siebel Invests $69M to Revive Struggling AI Firm
C3.ai CEO Thomas Siebel invested nearly $69 million in company stock as the firm faces steep revenue drops and forecasts further losses, despite an expanded Shell contract.
Technology
London Stock Exchange Updates Official List; Cordiant Digital Infrastructure Set for FTSE 250 Inclusion
London Stock Exchange updates Official List; Cordiant Digital Infrastructure set to join FTSE 250. Vodafone and Sainsbury's lead FTSE 100 decline on ex-dividend trading.
Markets
BP Boardroom Turmoil Deepens as Ousted Chairman Fights Back
BP shares dropped 5.3% last week after chairman Albert Manifold was ousted, triggering reports of deeper boardroom clashes and raising questions about the company's turnaround.
Markets
BP Shares Slip 0.6% Despite Oil Surge as Debt Concerns Loom
BP shares declined 0.6% in London despite a 2% rise in Brent crude to $98.21, as investors focused on the company's rising net debt of $25.3 billion and paused buybacks.
Markets
FTSE 100 Gains Capped as UK Data Eases Rate Hike Concerns
The FTSE 100 snapped a four-week losing streak on Friday, closing up 0.22% as weaker UK economic data eased rate hike fears. Markets were closed Monday for the Spring Bank Holiday.
Markets
Brent Crude Surges Past $105 on Hormuz Supply Concerns
Brent crude rose 3.2% to $105.88 on Friday as traders doubted a swift U.S.-Iran deal would restore oil flows through the Strait of Hormuz. The IEA warned of a potential supply red zone by August.
Commodities
Lloyds, SpaceX IPO, and Market Divergence Lead Today's Financial News
Lloyds Banking Group shares have risen 22% in the past year, showcasing strong dividend power. SpaceX files for a landmark IPO, while market divergence highlights tech optimism versus inflation concerns.
Markets
Strait of Hormuz Tanker Traffic Resumes Amid Persistent Oil Supply Risks
Three supertankers moved 6 million barrels of crude through the Strait of Hormuz, but U.S. Navy warns area remains high risk. Brent crude fell 4% on Iran talks progress.
Commodities
Crude Edges Down as Market Weighs Hormuz Risks Against Demand Concerns
Brent crude fell 0.2% to $107.58 and WTI dropped 0.4% to $101.79 after a three-day rally, as traders weighed Middle East ceasefire talks and the Trump-Xi meeting.
Commodities
Brent Crude Tumbles Below $100 as Hopes for US-Iran Agreement Rise
Brent crude dropped below $100 on Thursday as traders anticipated a US-Iran deal could reopen the Strait of Hormuz. WTI fell 1.9% to $93.15, and US distillate exports hit a record 1.9 million bpd.
Commodities
Shell Shares Slide as Buyback Reduction Overshadows Profit Beat
Shell shares dropped 3.9% as a reduced share buyback program offset first-quarter earnings that beat forecasts. Net debt increased to $52.6 billion.
Earnings
Brent Crude Dips Below $100 as Iran Talks Progress, Supply Constraints Persist
Brent crude slipped below $100 as traders weigh Iran peace talks, but U.S. inventories fell sharply, distillate stocks hit 2005 lows, and Asian fuel exports plunged, keeping supply concerns front and center.
Commodities
FTSE 100 Slips as Energy Stocks Weigh on Market
London's FTSE 100 fell 0.34% as energy stocks dragged, while the FTSE 250 rose 0.6% on travel gains amid lower oil prices and peace deal hopes.
Markets
Shell's $16.4B ARC Buy Boosts Canadian LNG Ambitions
Shell's $16.4B acquisition of ARC Resources strengthens its position in Canada's Montney shale and LNG Canada terminal, boosting Asian export prospects.
Markets
U.S. Gasoline Prices Surge to $4.229, Outlook Points Higher Amid Supply Squeeze
U.S. gasoline prices hit $4.229 per gallon, the highest since July 2022, driven by falling inventories, refinery outages, and crude above $100. The outlook points to further increases as summer demand nears.
Commodities
Oil Surge Past $110 Fuels Energy Stocks as Geopolitical Risk Intensifies
Brent crude surged past $110 a barrel as U.S.-Iran talks stalled, disrupting Strait of Hormuz flows. Exxon, Chevron, ConocoPhillips lead energy stocks; BP posts $3.2B Q1 profit.
Commodities
BP's Strong Profit Boosts FTSE 100; Barclays and Taylor Wimpey Slide
BP's $3.2B profit drives FTSE 100 higher, but Barclays drops on credit provisions and Taylor Wimpey slumps on cost inflation warnings.
Markets
ARC Resources Surges After Shell's $16.4B Montney Acquisition
Shell acquires ARC Resources for $16.4 billion, sending ARC shares up over 22% and signaling major confidence in the Montney shale basin.
Markets
London Shares Dip as Oil Rally and Fresh Tariff Threats Weigh on Sentiment
The FTSE 100 slipped 0.35% on Friday, pressured by rising oil prices above $105 and a new US tariff threat against the UK. Energy stocks gained, but Mondi fell sharply after a 27% profit drop.
Markets
FTSE 100 Dips as Oil Surpasses $103; Sainsbury, WH Smith Issue Profit Warnings
The FTSE 100 slipped 0.59% as Brent crude climbed above $103, with Sainsbury and WH Smith cutting profit forecasts due to higher costs and inflation concerns.
Markets
FTSE 100 Retreats on Renewed Middle East Tensions, Energy Stocks Gain
London's FTSE 100 declined on Monday, pressured by a spike in oil prices following escalating U.S.-Iran tensions. Energy sector stocks advanced, while travel and financial shares sold off.
Markets
Chevron Shares Slide Amid Oil Price Volatility and Strait of Hormuz Tensions
Chevron shares declined Friday as oil prices dropped sharply following a temporary reopening of the Strait of Hormuz. However, renewed tensions and reported gunfire at the vital waterway have reignited supply concerns ahead of Monday's trading session.
Commodities
FTSE 100 Edges Lower Amid Iran Tensions, Workspace Plunges on Profit Warning
London's FTSE 100 declined slightly on Friday, underperforming European peers as geopolitical caution prevailed. Workspace Group led losers with a sharp drop after forecasting lower future profits.
Markets
Oil Retreats on Potential Iran Talks, Yet Supply Shock Risks Loom
Oil prices declined Tuesday on hopes for renewed U.S.-Iran dialogue, but a historic supply disruption and bank forecasts suggest sustained market tightness and volatility ahead.
Commodities
FTSE 100 Advances as Investors Monitor Fragile Middle East Truce Talks
London's FTSE 100 gained 0.38% on Friday as traders assessed potential progress in Middle East ceasefire talks. The FTSE 250 outperformed with a 0.79% rise.
Markets
FTSE 100 Steady Near 10,600 as Oil Rebound Threatens Ceasefire Gains
The FTSE 100 held steady near 10,600 on Thursday, consolidating after a sharp rally, as renewed doubts over a U.S.-Iran ceasefire sent oil prices climbing. The Bank of England anticipates a rise in mortgage demand for Q2.
Markets
EU Gas Prices Hold Near €54 as Supply Fears Mount Ahead of Winter
European benchmark gas prices remain elevated near €54 per megawatt-hour as EU ministers plan emergency talks. Storage levels are critically low at 28%, with Germany reporting higher inflation driven by energy costs.
Commodities