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Global Oil Demand Growth Outlook Continues to Soften, IEA Says
The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said.
SHELL PLC To Go Ex-Dividend On May 16th, 2024 With 0.688 USD Dividend Per Share
May 15th - $SHELL PLC(RYDAF.US)$ is trading ex-dividend on May 16th, 2024. Shareholders of record on May 17th, 2024 will receive 0.688 USD dividend per share on June 24th, 2024. The ex-dividend da
Oil Advances With Supply in Focus as US Stockpiles Seen Lower
Oil advanced after an industry report showed shrinking US stockpiles, and traders looked ahead to a report from the International Energy Agency that may shed light on market balances into the second half.
Express News | OPEC maintains global oil demand forecast for this year and next
Shell Director Sells Shares Worth Over €500K
Shell plc (UK) (GB:SHEL) has released an update.
Oil Declines With OPEC Forecast Unchanged, as Traders Weigh the Interest-rate Outlook
Oil futures moved lower on Tuesday, giving back part of the gains seen a day earlier, as the Organization of the Petroleum Exporting Countries left its monthly forecasts largely unchanged and traders weighed the outlook for interest rates, and their potential impact on energy demand.
OPEC Sticks to Oil-Demand View, Posts Fall in Overall Output
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel's next production policy move at its upcoming meeting in June.
Oil Steadies as Traders Look to OPEC Report and Inflation Data
Oil held a gain before the release of an OPEC market outlook, with traders looking for signs on whether supply curbs will be extended, as well as US inflation data that will shape expectations for monetary policy.
Shell Plc Advances Share Buy-Back Program
Shell plc (UK) (GB:SHEL) has released an update.
Oil Prices Still Under Pressure, Putting OPEC+ Supply in Focus -- Market Talk
Oil prices have recouped some of the losses posted earlier this week, but Brent crude continues to trade below $85 a barrel despite growing tensions in the Middle East.
Oil Heads for Weekly Gain on Renewed Optimism for US Rate Cuts
Oil headed for a third day of gains — putting crude on course for a weekly advance — as US jobs data supported the case for Federal Reserve rate cuts this year, buoying risk assets.
US oil reserves are in a hurry! The Biden administration clearly raised the upper limit of “oil purchase price”: 79.99 US dollars/barrel
① As US oil reserves have been reduced to their lowest level in nearly four decades, the Biden administration recently stepped up procurement efforts; ② The US Department of Energy said in a document that it will pay $79.99 per barrel of oil. This is the first time that the US government has set a clear price cap.
Goldman Sachs predicts that there is no hope that production will increase at the OPEC+ meeting in June, and oil prices may stay in the 75-90 dollar range
Goldman Sachs said on Wednesday that they no longer expect OPEC+ to announce the partial lifting of its voluntary production cuts at the June meeting.
Seasonal demand for gasoline and diesel in the US is the worst since the pandemic hit refining profits
According to the latest data from the US Energy Information Administration, demand for gasoline and diesel in the US is at its weakest seasonal level since the pandemic.
Shell to Sell Energy, Chemicals Park in Singapore to Chandra Asri, Glencore
Shell agreed to sell its energy and chemicals park in Singapore to CAPGC, a joint venture between Chandra Asri Capital and Glencore Asian Holdings, the New York Stock Exchange-listed oil giant said We
Express News | Goldman Sachs expects OPEC+ to reduce supply over a longer period of time
For the first time, the US clearly reimburses the SPR price: 79.99 US dollars/barrel!
This is the first time that the US government has set a clear price cap, which is still higher than the previous unofficial limit of 79 US dollars/barrel.
Shell Plc Executes Share Buy-Back Program
Shell plc (UK) (GB:SHEL) has released an update.
EXPLAINER-Shell's Singapore Refinery Sale and Its Market Significance
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