SHEL
NYSE · Energy
Shell plc
$92.05
+0.93 (+1.02%)
SHEL News30 articles
European Gas Prices Retreat Amid Qatar Supply Shock, Storage Concerns Mount
European natural gas benchmarks declined Tuesday but stayed well above last month's levels after QatarEnergy invoked force majeure on LNG contracts, reducing export capacity. Storage levels are low, with Shell cautioning about possible supply shortfalls.
BP Shares Slide as Crude Plunge Erases Refinery Sale Gains
BP shares declined 4.2% in London trading after Brent crude prices fell 10.9% to $99.94 per barrel. The drop offset recent gains driven by the company's refinery sale and cost-cutting initiatives.
Crude Oil Tumbles on De-escalation Hopes, Equities Rally
Oil prices dropped sharply as the U.S. delayed military action against Iran, easing immediate supply fears. Major equity indices rebounded strongly.
Brent Crude Surges to Multi-Year High on Middle East Supply Disruptions
Oil prices closed the week at a nearly four-year peak as escalating Middle East conflicts and Iraq's force majeure declaration on oilfields intensified supply fears. Brent crude settled at $112.19 per barrel.
Brent Crude Surges to $112 on Iraq Force Majeure, Hormuz Tensions
Brent crude oil settled at $112.19 per barrel, its highest level since July 2022, after Iraq invoked force majeure on foreign-operated fields amid escalating regional tensions. The S&P 500 energy sector rose 2.8% as global equities fell on supply shock concerns.
European Gas Prices Soar on Qatar LNG Outage, Inflation Fears Mount
European natural gas prices surged to their highest level since early 2023 after an attack on Qatar's LNG infrastructure knocked out a significant portion of global export capacity, threatening supplies to Europe and Asia and prompting central bank inflation warnings.
Gulf Attacks Propel Oil, Widen Brent-WTI Gap to 2015 High
Oil prices experienced extreme volatility Thursday following Iranian strikes on Gulf energy infrastructure, with Brent crude briefly exceeding $119 a barrel. The attacks have damaged Qatar's LNG export capacity and widened the key Brent-WTI spread to its largest margin since 2015.
U.S. Gas Prices Approach $4 as Mideast Conflict Drives Oil Surge
U.S. gasoline prices climbed toward $4 per gallon Thursday as Brent crude briefly surpassed $119 following Iranian strikes on Gulf energy facilities, with diesel topping $5 for only the second time on record.
Iran Threats Spark 5% Oil Surge, Brent Tops $108 Amid Gulf Tensions
Oil prices jumped sharply as Iran threatened strikes on Gulf energy infrastructure, pushing Brent crude up 5% to $108.56 a barrel. The escalation offset a large U.S. crude inventory build, with traders focused on geopolitical risks.
European Markets Retreat on Geopolitical Tensions and Economic Data
European equities declined on Friday, pressured by sustained high oil prices and geopolitical concerns. The STOXX 600 index fell 0.5%, heading for a second consecutive weekly loss.
FTSE 100 Retreats on Oil Spike, Rate Cut Hopes Dim
London's FTSE 100 declined 0.7% in early Thursday trading as Brent crude surged past $100 a barrel, dampening expectations for near-term Bank of England rate cuts and pressuring consumer-focused sectors.
Europe's Gas Market Braces for Supply Shock as Qatar LNG Disruption Looms
European natural gas prices remained firm as Shell's force majeure on Qatari LNG cargoes threatens supply from April, prompting EU officials to consider market interventions.
Oil Prices Rebound Above $88 as Hormuz Supply Fears Outweigh IEA Stockpile Plan
Oil prices recovered sharply on Wednesday, with Brent crude climbing back above $88 per barrel, as market concerns over supply disruptions in the Strait of Hormuz overshadowed discussions of emergency stockpile releases by the IEA and G7 nations.
BP Stock Gains on Oil Price Surge, Yet Market Skepticism Lingers Over Lasting Impact
BP's stock climbed 2.2% in London trading following a sharp spike in oil prices, though the gain significantly lags behind crude's over 40% surge since late last month, reflecting market doubts about sustained supply disruptions.
FTSE 100 Recovers from Sharp Drop as Oil Price Spike Roils London
London's FTSE 100 pared steep early losses to close 0.3% lower on Monday, while the FTSE 250 fell 1.6%. A dramatic spike in oil prices above $119 a barrel, driven by Middle East conflict, triggered a broad market sell-off and renewed stagflation fears.
FTSE 100 Plunges on Oil Price Surge and Geopolitical Tensions
London's FTSE 100 index opened sharply lower, dropping 1.75%, as a surge in crude oil prices above $119 per barrel rattled markets. The spike, driven by Middle East supply concerns, particularly punished airline and mining shares.
FTSE 100 Plunges 5.7% in Worst Weekly Drop Since April 2025
The FTSE 100 tumbled 5.7% this week, its steepest fall since April 2025, driven by soaring oil prices and diminished expectations for a Bank of England rate cut. Energy stocks gained while airlines and miners sold off sharply.
BP Evacuates Staff from Iraq Oilfield After Drone Incident, Fueling Supply Concerns
BP removed international staff from Iraq's Rumaila field following a drone security incident, adding to supply disruptions that have already cut Iraqi output by 1.5 million barrels per day.
Shell Secures Venezuela Gas Deal, Targets 2027 Exports to Trinidad
Shell has finalized oil and gas agreements with Venezuela to develop the offshore Dragon field, with initial gas exports to Trinidad targeted for the third quarter of 2027. The deal follows new U.S. licenses easing sanctions on Venezuela's energy sector.
Shell Secures New Kazakhstan Exploration Rights Amid Ongoing Arbitration
Shell has entered into an agreement with Kazakhstan's energy ministry for exploration rights to the Zhanaturmys oil and gas block, valid until 2032. The move comes as the company remains engaged in international arbitration concerning other Kazakh ventures and proceeds with its share repurchase program.
Exxon Mobil Diverts Fuel to Australia Amid Hormuz Closure, Lifting Oil Prices
Exxon Mobil is sending its first fuel cargo from the U.S. Gulf Coast to Australia since December to address Asian supply shortages caused by the Strait of Hormuz closure. Brent crude surged 4.7%.
Venture Global Stock Soars on Court Win, LNG Supply Deals
Venture Global shares jumped over 8% after a court rejected Shell's challenge to an LNG arbitration ruling. The company also reported a 191% surge in adjusted core profit and signed a new supply agreement.
Hormuz Closure Sparks Oil Surge, Global Market Turmoil
Global energy markets convulsed as the closure of the Strait of Hormuz sent oil prices above $84 and European natural gas soaring over 50%, while equity markets worldwide tumbled on heightened geopolitical risk.
Iran Conflict Sparks Oil Price Surge, Strains Energy Majors
Escalating conflict in the Middle East has driven Brent crude prices sharply higher and disrupted critical energy shipments, posing significant risks to major oil companies with regional exposure.
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Shell's stock advanced as Brent crude climbed for a third session due to escalating Middle East tensions. Separately, the company lost a legal bid to overturn an arbitration award in an LNG contract dispute.
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Shell's stock edged higher Tuesday, tracking a rally in oil prices driven by Middle East supply concerns. Separately, a New York judge rejected Shell's attempt to overturn an arbitration loss in a dispute with LNG producer Venture Global.
Shell Leads Energy Rally as Middle East Tensions Spike Oil, Gas Prices
Shell plc climbed roughly 3% in London trading Monday, tracking a sharp rise in oil prices driven by escalating tensions near the Strait of Hormuz. European gas prices surged as much as 28% amid shipping disruptions.
Shell Leads Energy Rally as Middle East Tensions Spike Oil, Gas Prices
Shell plc climbed roughly 3% in London, tracking a sharp rise in oil and gas prices driven by fears of shipping disruptions near the Strait of Hormuz. European energy stocks broadly advanced.
Shell Shares Near 52-Week High as Hormuz Disruption Sends Oil Soaring
Shell shares closed at 3,073.5 pence, up 1.6% and near a 52-week high, as Brent crude jumped up to 13% after attacks disrupted shipping in the Strait of Hormuz. OPEC+ agreed to a modest April output increase.
Shell Shares Near High as Strait of Hormuz Disruption Sends Oil Soaring
Shell shares gained 1.6% to 3,073.5 pence, nearing a 52-week high, as Brent crude jumped up to 13% following attacks disrupting shipping in the Strait of Hormuz. FTSE futures declined 0.6% in early trading.