Shell Share Discussion Threads

[yellow122] 03/3/2020 19:46

You still shorting monty?

[montyhedge] 03/3/2020 19:26

OPEC won't cut, this is their chance to finish off US shale companies, a lot can't service their debt with WTI below $48.A lot of debt due this summer. Finish those boys off who are weak, less oil being produced, then higher price, back to $60 end of year. In my opinion.

[yellow122] 03/3/2020 15:37

What does a rate cut to dollar do to oil price typically? Up or down?

Hopefully OPEC act but you just never know with Russia

[fjgooner] 03/3/2020 15:12

Just out - Fed cuts benchmark rate 50 BPS.

US markets swing from negative to 1.3% up in an instant.

Now we need OPEC+ to follow up on Friday with meaningful output cuts.

Let's get Brent back to $65, RDSB back to £26 and get set for the summer ahead.

[gswredland] 03/3/2020 14:58

Thank you misca

[fardels bear] 03/3/2020 14:57

Gosh. I'm used to boards where one just calls people names and swears a lot.

[poikka] 03/3/2020 14:48

Fardels Bear - "What economic downturn?"

Well I was really making the point that oil prices should fluctuate according to demand, and supply, but to believe that Shell's and BP's SPs have been declining since last summer because of factors other than economic, such as "media fuelled panic" surprises me.

I know that Greta has been pretty vocal lately, but I doubt that's the reason; nor would I put it down to 'those in the know' getting a whiff of the virus last summer. No, I reckon it's economic 'growth', which is pretty rubbish outside of China.

Now what has caused that, if one believes that there's been an economic downturn, is something else.

[misca2] 03/3/2020 14:13

OPEC Meetings

Here you can find details of forthcoming OPEC events. Journalists and oil industry analysts are welcome to attend these events, provided that they register in advance.



Date


Event


Venue
5 March 2020

178th (Extraordinary) Meeting of the OPEC Conference
Vienna, Austria

6 March 2020
8th OPEC and non-OPEC Ministerial Meeting Vienna, Austria
9 June 2020 179th (Ordinary) Meeting of the OPEC Conference Vienna, Austria

10 June 2020
9th OPEC and non-OPEC Ministerial Meeting Vienna, Austria

[gswredland] 03/3/2020 14:11

When is the opec please?

[crossing_the_rubicon] 03/3/2020 13:09

I keep wine in my man cave as well - in the kitchen area (separate)

:)

[misca2] 03/3/2020 13:02

Crossing_the_Rubicon
3 Mar '20 - 12:09 - 10323 of 10324
0 0 0
@Misca, Ditto.
I'm looking at buying a new one for the man cave up the garden.

Winnerwell - one that you can add an oven to the flue :)

i keep my wine in my cave

would not like warm champagne

[crossing_the_rubicon] 03/3/2020 12:09

@Misca, Ditto.
I'm looking at buying a new one for the man cave up the garden.

Winnerwell - one that you can add an oven to the flue :)

[crossing_the_rubicon] 03/3/2020 12:01

They'll be banning log fires then soon no doubt!

[misca2] 03/3/2020 11:23

I feel quite sea sick thinking about it

will take a motion sickness pill and just play ping pong

[gibbs1] 03/3/2020 11:10

EXPECTING SOME RUSSIAN MOUNTAINS

[gibbs1] 03/3/2020 11:08

Coronavirus pandemic and US recession aren’t yet priced into markets, fund manager says
Published Tue, Mar 3 20205:18 AM EST
Elliot Smith
@ElliotSmithCNBC
Key Points

The Dow was resurgent on Monday, soaring 5.1% to post its largest daily percentage gain since March 2009, on the back of investor hopes for policy action by the U.S. Federal Reserve and other central banks around the world.

Speaking to CNBC’s “Squawk Box Europe,” Columbia Threadneedle EMEA Head of U.S. Equities Nadia Grant said that despite the volatility, her team had not yet seen enough to make any strategic plays on cheaper stocks.

[fardels bear] 03/3/2020 11:05

What economic downturn?I see nothing more than media-fuelled panic. Don't let them think they have the power to cause an actual economic meltdown (their favourite headline after Princess Di emerges from shower) and there will be hell to pay.

[poikka] 03/3/2020 10:19

Not sure that I agree with OPEC manipulating the poo: in times of economic downturn, surely a lower poo is better for economies (except OPEC and Russia, maybe). Kinda goes against economics, dunnit?

Howls of protest from oil investors, lol. Me, I'm holding for now, but tempted to add...hmm.

[linton5] 03/3/2020 10:04

Very rare for the British to get a rally like this once in a year event

[gibbs1] 03/3/2020 09:59

Dow futures higher on hopes of global monetary stimulus

Published Mon, Mar 2 20206:02 PM ESTUpdated 7 min ago

Jesse Pound
@jesserpound

Eustance Huang
@EustanceHuang

Key Points

As of 4:30 a.m. ET, the Dow Jones industrial average rose 242 points, indicating a positive open of more than 22 points.

Futures on the S&P 500 and Nasdaq-100 were both slightly higher.

In a volatile session, Dow futures had jumped 150 points earlier.

[waldron] 03/3/2020 07:36

Shell Announces Milestone in Outdoor EMV Compliance
03/02/2020
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Shell EMV technology

HOUSTON — Shell Oil Co. reached the milestone of equipping more than 1,000 of its retail sites with outdoor EMV technology designed to reduce fraud.

The benchmark comes months ahead of the Oct. 1 deadline, after which fuel dispenser fraud liability shifts to retailers.

"Shell is fully committed to providing its wholesalers with the information and resources they need to have their Shell-branded sites EMV hardware and software ready in advance of the liability shift date," the company said in a released statement. "Our top priority is to deliver programs and technology that lead to better customer experiences."

Resources and tools offered to Shell wholesalers include:

EMV equipment purchase programs with Gilbarco, Wayne Fueling Systems, Verifone and Cybera, as well as additional support throughout the transition process;
Multiple EMV technology workshops and webcasts that guide wholesalers, their staff and dealers through the end-to-end readiness and deployment process;
Direct EMV engagements with Shell wholesalers hosted by company staff at industry events and sales meetings across the country; and
Free EMV point-of-purchase signage kits for every Shell retail site that activates the technology in order to promote awareness about the security benefits of chip card technology with consumers.

In advance of the liability shift, EMV-compliant software is also available to more than 80 percent of the Shell network.

Additionally, the company launched its EMV Deploy Center, a mobile-friendly online tool that assists with the deployment process.

Based in Houston, Shell is an affiliate of Royal Dutch Shell plc, a global group of energy and petrochemical companies with operations in more than 70 countries. In the U.S., Shell operates in 50 states.

[waldron] 03/3/2020 07:19

Dow futures point to more than 300 point opening drop amid volatile trading
Published Mon, Mar 2 20206:02 PM ESTUpdated 15 min ago
Jesse Pound
@jesserpound
Eustance Huang
@EustanceHuang