SHEL
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Shell plc
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SHEL News30 articles
UK pump prices surge: Diesel jumps £2.40 in a week
UK fuel prices surged, adding £2.40 to a diesel fill-up in one week. Petrol hit 168.14p/l, diesel 190.72p/l. The rise fuels inflation concerns ahead of CPI and BoE decisions.
FTSE 100 Rises as FTSE 250 Slips, Signaling Narrow Market Rally
The FTSE 100 edged higher on Monday, but the FTSE 250 fell, underscoring a narrow rally driven by defensive stocks and oil producers rather than broad market strength.
Oil Majors Outperform as Brent Holds Above $107; Euro Stoxx Slips
European oil majors outpaced a weaker broader market on Monday as Brent crude held above $107, with BP, Shell, TotalEnergies, and Equinor posting gains while the Euro Stoxx 50 slipped.
UK Fuel Prices Defy Oil Drop: Petrol at 169.1p, Diesel 190.9p
UK pump prices continue to climb, with petrol at 169.1p and diesel at 190.9p, even as Brent crude retreats. The lag between oil and forecourt prices keeps pressure on consumers.
Brent Tops $101 as Geopolitical Risk Surges; EIA Sees $90 Average
Brent crude jumps above $101 per barrel following attacks on tankers and Saudi infrastructure, while the EIA maintains a $90 average forecast for the second half.
UK Fuel Costs Surge as Brent Crosses $100: Market Implications
UK petrol prices hit 167.6p/litre as Brent crude tops $100, squeezing consumers and retailers. BP and Shell gain, while inflation concerns mount ahead of BoE decision.
SHEIN's Hong Kong Debut Ends Flat After Volatile First Day
SHEIN's Hong Kong IPO closed nearly flat after a volatile first day, with shares dropping 10% intraday before recovering. The debut valued the company at $26.3 billion.
Oil Prices Retreat as Gulf Supply Recovers Despite Iran's Hormuz Warning
WTI and Brent posted their steepest weekly losses since early August as Persian Gulf exports recovered, overshadowing Iran's continued claims of restrictions at the Strait of Hormuz.
FTSE 100 Slips as Energy and Mining Losses Offset AI-Led Tech Gains
The FTSE 100 slipped 0.48% as energy and mining losses outweighed tech gains from Nvidia's strong results. Computacenter jumped 4% on AI optimism.
FTSE 100 Flat as Copper Gains Counter Oil Slide
London's FTSE 100 remains flat as copper miners offset losses in oil majors, with Brent crude falling below $86 per barrel.
FTSE Drifts Lower as Oil Weakness Offsets Gold Gains
UK equities opened cautiously on Monday, with the FTSE 100 slipping as oil price declines offset gains from a firmer gold price. Mid-caps lagged, while AIM posted small gains.
BP Stock Surges 5% on Oil Rally, But Valuation Leaves Little Room for Error
BP shares rose 5% last week as Brent crude climbed 6.39% to $94.39. Strong Q2 cash flow aided debt reduction, but the stock now trades near analyst targets, leaving limited upside.
Drone Escalation Strains Russian Fuel Market as Novorossiysk Port Reopens
Drone attacks are squeezing Russia's fuel market even as Novorossiysk resumes crude exports. Refining capacity has fallen to near two-decade lows, boosting diesel margins and refiner stocks.
European Stocks Brace for Earnings Surge Amid Oil and Inflation Risks
European stocks are set for their fastest earnings growth in four years, but oil price surges and persistent inflation are testing investor confidence. Key data this week includes UK CPI and flash PMIs.
BP's North Sea Exit Could Cover 13% of $20B Divestment Goal
BP's planned North Sea divestment, valued at $2B-$2.6B, could cover up to 13% of its $20B asset sale target, ahead of Q2 earnings where net debt is forecast at $22-$23B.
Uniper Deal Narrows Ksi Lisims FID Gap to 1-2 Mtpa
Uniper's binding 2 Mtpa LNG offtake cuts Ksi Lisims' FID gap to 1-2 Mtpa. Total disclosed volume reaches 7 Mtpa (58% of capacity). UN0 shares gain 1.3%.
FTSE 100 Gains Trimmed as Oil Price Slide Spurs Sector Rotation
London's FTSE 100 trimmed most of its early gains as a sharp drop in oil prices fueled a sector rotation, benefiting airlines and mid-caps while pressuring energy majors.
FTSE 100 Gains as Oil Earnings and BoE Decision Loom
The FTSE 100 closed at 10,736.23, up 1.28% for the week. Energy is expected to contribute 62% of incremental earnings growth for the STOXX 600, with the BoE widely anticipated to hold rates steady.
Shell Shares Dip Despite Projected 109% Profit Surge in Q2
Shell shares slipped 1.3% even as preliminary consensus points to a 109% jump in Q2 adjusted earnings to $8.92 billion, with chemicals and trading contributing nearly half.
UK Banks Surge as Retail Sales Beat Forecasts, FTSE 100 Gains
The FTSE 100 advanced as banking shares outpaced retailers after UK retail sales unexpectedly rose 1.0% in June, defying forecasts of a decline.
Shell Gains Only 41% of Brent Rally as Gulf Risks Cap Gains
Shell shares gained 6.5% last week, but that was only 41% of Brent's 15.9% climb. Gulf region exposure and cash conversion challenges are in focus ahead of Q2 results.
BP Shares Rise as Debt Reduction Outpaces Production Decline
BP shares rose as debt reduction outpaced output decline in Q2 preliminary results. Net debt fell 11.1% while production dropped 6.2%.
Shell's ARC Acquisition to Lift Output 13% as Buyback Resumes
Shell's acquisition of ARC Resources cleared with 99.54% shareholder approval, set to boost output by 13.4% while restarting buybacks at 4.1% dilution.
Oil Majors BP and Shell Cushion FTSE 100 Decline Amid Broader Sell-Off
BP and Shell gains masked a sharper FTSE 100 decline on Tuesday, as oil prices rose on US-Iran tensions. The FTSE 250 fell 0.76%, reflecting broader market weakness.
Shell Outpaces FTSE as Asset Sales and Oil Rally Reshape ARC Deal
Shell shares rose 1.7% on Tuesday after the company agreed to sell its Indian renewables business, adding to a $5.8 billion disposal program that helps fund its acquisition of ARC Resources.
Hormuz Strait Sees 95% Drop in Ship Traffic, Crude Oil Market Signals Mixed
Only six vessels crossed the Strait of Hormuz on Sunday, a 95% drop from pre-war levels, as Brent crude rose 2.2% to $77.68. Analysts warn of production curbs and tight oil markets.
Shell's Gains Fade as Buyback Pause and Qatar Woes Offset Oil Rally
Shell Plc's stock surrendered over half its opening gain Monday as a paused buyback and Qatar production losses offset a Brent crude surge.
BP Shares Rise 2% Ahead of Q2 Update; Cash Flow Key to Closing Gap with Shell
BP shares jumped 2.1% on Monday, outpacing Shell, as crude prices rose on geopolitical tensions. Investors await BP's Q2 trading statement to assess cash flow and debt progress.
FTSE 100 Edges Lower as AstraZeneca, HSBC Drag; Energy Stocks Rally
The FTSE 100 dipped 0.1% to 10,486 as AstraZeneca and HSBC losses outweighed gains from BP and Shell. Housing stocks rose on Help to Buy rumors.
ExxonMobil Holdings Debuts on NYSE, Eyes Strong Q2 Earnings
ExxonMobil Holdings (XOM) started trading as the new public parent, closing at $137.09. Analysts see Q2 adjusted net income at $15.9 billion, but oil price weakness raises concerns.