Shell Share Discussion Threads

[the white house] 23/2/2018 14:05

Apart from Marbella it's looking like whole of Europe heading for 7 consecutive nights below zero at least, driving snow & no daytime melt.One way bet Crude prices with a big end of winter usage looming Shurely!?

[waldron] 23/2/2018 08:32

Shell A
2,260.5 -0.15%



Shell B
2,288.5 -0.13%

[2hoggy] 22/2/2018 23:35

Waldon I read so much on the net in different countries about what is going on that it would be difficult to remember where I read it.

Just google brown coal in Germany for a start,I know Germany has two new huge gas pipelines from Russia which I found out about 12 years ago as a customer of mine was working on the ship putting in in.

I don't believe that their main electricity generation is from that particular fuel,if you see the huge machines they developed to mine this very crude type of fuel which is very damaging to the environment,they have got rid of nuclear yet still open new mines.

These machines are the same that they sell especially to places like australia for I think they call it open cast mining,they are huge.

[waldron] 22/2/2018 18:41

LETS HAVE A LINK HOGGY TO BACK UP YOUR VIEW

[2hoggy] 22/2/2018 18:33

I assume that the electricity coming through that cable from germany is being produced by their extensive brown coal field generating power stations which they are building more.

You just cant make it up,the hypocrisy...

[waldron] 22/2/2018 17:08

Shell B
2,291.5 +0.35%

[waldron] 22/2/2018 16:45

Crude Oil Price Jumps on Bullish Inventory Report

By Paul Ausick February 22, 2018 11:35 am EST
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The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, showing that U.S. commercial crude inventories decreased by 1.6 million barrels last week, maintaining a total U.S. commercial crude inventory of 420.5 million barrels. The commercial crude inventory remains in the lower half of the average range for this time of year.

Wednesday evening the American Petroleum Institute (API) reported that crude inventories fell by about 900,000 barrels in the week ending February 16. Gasoline inventories rose by 1.47 million barrels and distillate stockpiles decreased by 3.56 million barrels. For the same period, analysts had consensus estimates for an increase of 1.33 million barrels in crude inventories, a rise of about 1.23 million barrels in gasoline and a decrease of 1.63 million barrels in distillate stockpiles.

Total gasoline inventories increased by 300,000 barrels last week, according to the EIA, and remain in the upper half of the five-year average range. U.S. refineries produced about 10.1 million barrels of gasoline a day last week, up by about 500,000 barrels a day compared to the prior week. Total motor gasoline supplied (the agency’s proxy for demand) averaged 9.1 million barrels a day for the past four weeks, up about 5.4% compared with the same period a year ago.

Before the EIA report, benchmark West Texas Intermediate (WTI) crude for April delivery traded down about 0.1% at around $61.63 a barrel, and it rose to around $62.31 (up 1%) shortly after the report’s release. WTI settled at $61.68 on Wednesday and opened at $61.34 Thursday morning. The 52-week range on April futures was $44.17 to $66.39.

Domestic demand for gasoline is expected to increase by just 40,000 barrels a day this year, according to the EIA. Last year, growth was flat, following increases of 260,000 barrels a day in 2015 and 140,000 barrels a day in 2016.

Steady price increases have cooled Americans’ consumption of gasoline. Pump prices are now 60 cents a gallon higher than they were two years ago and, if history is any guide, the closer the national average gets to $3.00 a gallon, the less U.S. consumers drive. The sluggish demand growth likely will cause a shift in refinery priorities and markets. Refiners may decide to boost diesel fuel production and target emerging markets for exports of both diesel fuel and gasoline.

Watch for a tightening of the difference (spread) between the price of WTI crude and Brent crude. The spread is less than $2.50 this morning. As WTI approaches parity with Brent, domestic prices for refined products could rise even more.

Week over week, U.S. crude oil exports rose by 722,000 barrels a day last week and U.S. production was essentially flat at 10.27 million barrels a day. Exports averaged 2.04 million barrels a day last week and have a cumulative daily average for the year of 1.47 million barrels a day, a 91% increase over the year-ago export total.

Distillate inventories decreased by 2.4 million barrels last week and remain in the middle of the average range for this time of year. Distillate product supplied averaged over 4.1 million barrels a day for the past four weeks, up by 4.3% compared with the same period last year. Distillate production averaged over 4.5 million barrels a day last week, down about 300,000 barrels a day compared to the prior week’s production.

For the past week, crude imports averaged 7 million barrels a day, down by 867,000 barrels a day compared with the previous week. Refineries were running at 88.1% of capacity, with daily input averaging about 15.8 million barrels a day, about 329,000 barrels a day less than the previous week’s average. Exports of refined products dipped by 244,000 barrels a day last week to 4.71 million.

According to AAA, the current national average pump price per gallon of regular gasoline is $2.525, down 2.7 cents from $2.552 a week ago and more than a penny per gallon less compared with the month-ago price. Last year at this time, a gallon of regular gasoline cost $2.285 on average in the United States.

Here is a look at how share prices for two blue-chip stocks and two exchange traded funds reacted to this latest report.

Exxon Mobil Corp. (NYSE: XOM) traded up about 2.1%, at $76.46 in a 52-week range of $73.90 to $89.30. Over the past 12 months, Exxon stock has traded down about 5.6%.

Chevron Corp. (NYSE: CVX) traded up about 1.5%, at $110.71 in a 52-week range of $102.55 to $133.88. As of last night’s close, Chevron shares are trading up about 0.4% over the past year.

The United States Oil ETF (NYSEARCA: USO) traded up about 2.4%, at $12.58 in a 52-week range of $8.65 to $13.30.

The VanEck Vectors Oil Services ETF (NYSEAMERICAN: OIH) traded up about 3.3% to $24.55, in a 52-week range of $21.70 to $33.12.
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By Paul Ausick

[montyhedge] 22/2/2018 16:02

Down 1.62million barrels, Crude inventories, yipee up goes oil.

[2hoggy] 22/2/2018 09:56

So I believe..

[montyhedge] 22/2/2018 08:58

I was reading, that Shell have not cut a dividend since WW ll,That is incredible, if they are right.

[montyhedge] 22/2/2018 08:26

Looks like a strong dollar, weak pound again, great for our dividends and profits.

[waldron] 22/2/2018 07:48

Feb 22, 2018 11:04 AM IST | Source: Moneycontrol.com
Shell may acquire major stake in Hyderabad-based solar firm
Shell has been looking at the clean energy space in India for quite some time now.
Moneycontrol News @moneycontrolcom

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22 Feb, 2018 13:17
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Royal Dutch Shell Plc is looking to acquire a major stake in Hyderabad-based rooftop solar firm Fourth Partner Energy, according to a report in Mint.

The firm is looking to buy a "significant stake" in the solar company. Shell's interest comes amid the Centre's plans to set up 175 gigawatt (GW) of clean energy capacity by 2022. Out of the 175 GW, 40GW is to come from rooftop solar projects.

Shell runs a liquefied natural gas (LNG) terminal at Hazira on the west coast of India. It is also the operator of the Panna-Mukta-Tapti field, which is a joint venture with state-run Oil and Natural Gas Corporation (ONGC) and Reliance Industries Ltd (RIL). Shell is also among the few foreign oil companies to have a fuel retail licence in India.

Shell has been looking at the clean energy space in India for quite some time now.

Fourth Partner Energy's Senior Manager Aditya Gupta denied the reports while Shell also didn't acknowledge the report.
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The Indian government is conducting an anti-dumping investigation on solar equipment imports from China, Taiwan and Malaysia and is planning to levy 70 percent provisional safeguard duty on imported solar panels and modules from China and Malaysia. However, a final decision on the matter is yet to be taken.

[waldron] 21/2/2018 17:43

Shell A
2,258 +0.09%



Shell B
2,283.5 +0.11%

[waldron] 21/2/2018 08:47

Shell A
2,243.5 -0.55%



Shell B
2,271 -0.44%

[ps0u3165] 21/2/2018 06:31

BHP Billiton Ltd. may soon sell its assets in the Permian Basin to Shell, a company trying to boost its production activities in the Permian Basin, according to a new report by Bloomberg.

Shell began drilling in the Permian in 2012, just a couple years before the market crash that continues to keep crude barrel prices low. In order to bring cash flow to positive levels in 2019, the Anglo-Dutch company plans to increase drilling in the Permian, where production is relatively cheap and profitable in bearish markets. Per barrel costs can be as low as $15 in the Texas formation.

[waldron] 20/2/2018 16:59

Shell A
2,256 -0.24%



Shell B
2,281 -0.09%