Shell Share Discussion Threads

[deanroberthunt] 12/1/2016 07:52

RDSB would be best holding off now and re-visiting the deal in 12 months.

[rcturner2] 12/1/2016 07:50

The RBS note is interesting, but tbh a 20% fall in equity markets is neither here nor there. Just be a buying opportunity for quality stocks.

[montyhedge] 12/1/2016 07:49

Now surely the bid is off.

[montyhedge] 12/1/2016 07:48

SogoesitIt was a oil expert on CNBC, who said the strippper wells will close down, not go bust but will stop producing with oil at this level. He said 1m barrels a day will be taken out.Then of course brown stuff will hit the fan in US shale this year.Saudi plan working.

[togglebrush] 12/1/2016 07:15

Supermarket offering voucher for 1 Free Litre of Regular per £15 in-store spend soon!

[montyhedge] 12/1/2016 06:18

Expert said, it not shale to go bust first, but the small nodding donkeys producing approx 5 plus barrels a day, thousands of these all over US. This will take 1m barrels a day out.Then 30% of shale will go.Saudi plan seems to be working to put US oil out of business.

[whiskeyinthejar] 12/1/2016 00:02

It's hardly as bleak as some would have you believe.

Oilprice.com points out Iran doesn't seem so keen on a price war now.

Says this is perhaps because they now realise they would get less revenue from 1.5m bopd at $30 than 1m bopd at $45. Or it says because they can't actually produce the extra oil they initially claimed.

Was Iran’s Claim About Ramping Up Oil Production Just Hype?

Also. IEA/Bloomberg says U.S. Shale is set to lose as much output as a small OPEC member.

"Volume from the seven major shale regions in the U.S. will drop by 116,000 barrels a day in February, contributing to a drop of about 640,000 barrels a day since the end of last March, according to the U.S, Energy Information Administration."

Shale Patch About to Lose Oil Output Equivalent to OPEC Member

[diku] 11/1/2016 23:51

There is a hint in it....entire market is a casino!...

[moneysage] 11/1/2016 23:18

Can't believe this is nearly 50% below its all time peak!!

[philanderer] 11/1/2016 23:01

Oil Seen Heading to $20 by Morgan Stanley on Dollar Strength

[badtime] 11/1/2016 22:55

Could you find out the lottery numbers at the same time

[moneysage] 11/1/2016 22:44

I want to buy this share for the strong dividend (I'd be happy with half its current dividend yield compared to return in savings accounts).However as I go to press the buy button it just keeps getting cheaper!!when should I get in again? where is the bottom?

[sogoesit] 11/1/2016 22:06

'Cos they want to get squared away before they pass on the news to us mugs, maybe?

I think it's very difficult to call a top; easier to call a bottom... pile in to the good stocks when you see it (like 2009).
Good luck!

[essentialinvestor] 11/1/2016 19:54

There is no way it would go to a vote imv if Shell thought they could not
get the required %, deal would be pulled beforehand.

[montyhedge] 11/1/2016 19:50

If oil touches $27 it's game over for BG bid.

[essentialinvestor] 11/1/2016 19:13

Oh I'm on board, and adding in small quantities.
Forget to pack the travel sickness pills unfortunately )

[bili1946] 11/1/2016 19:09

With the current trajectory little enthusiasm to jump on board EI?
Sorry to ask but when will the deal be ratified?

[imperial3] 11/1/2016 19:05

All the more reason to vote against the deal.

[essentialinvestor] 11/1/2016 18:48

WTI just above $31 atm bill, Brent 31.34, so within touching distance.

[bili1946] 11/1/2016 18:45

Is the oil price going to stop in the 20's? Relentless.........