Shell Share Discussion Threads

[grupo guitarlumber] 04/10/2021 11:49

4 October 2021


21st OPEC and non-OPEC Ministerial Meeting


Via videoconference

[waldron] 04/10/2021 09:27

Fuel crisis: City traders circle BP and Shell as they take positions for more price hikes

10/04/2021 | 08:31am BST


Investors are not banking on a swift resolution to the UK fuel crisis against a backdrop of continuing queues on forecourts and the Army being put on standby to help with deliveries, according to data shared with City A.M. this morning.

Analysis of investor movements with regards to BP, Royal Shell and Glencore shows that investors are increasingly bullish on these stocks as they expect prices will rise further, following their recent strong performance that was partly driven by the UK fuel crisis.

Soaring natural gas prices and concerns over possible winter shortages have motivated a number of investors to position accordingly, trading house GraniteShares shared with City A.M..

Figures for the past week show Royal Dutch Shell has seen the volume of funds traded rise by 19 per cent, while the volume traded in Glencore is up 45 per cent.

“The oil giants and Glencore have benefited recently from optimism about rising commodities prices and the UK fuel crisis,” said William Rhind, founder and CEO at GraniteShares.

“It would appear that investors don’t see an end to that any time soon and are positioning themselves for higher prices,” he said.

The post Fuel crisis: City traders circle BP and Shell as they take positions for more price hikes appeared first on CityAM.

[waldron] 04/10/2021 09:24

Royal Dutch Shell A
1,664 +0.98%



Royal Dutch Shell B
1,664.6 +1.15%

[waldron] 04/10/2021 08:22

In a research note, Barclays analyst Lydia Rainforth has maintained his recommendation on the stock with a Buy rating. The target price has been lifted and is now set at GBX 2250 compared to GBX 1950 before.

[adrian j boris] 01/10/2021 12:41

NICE TO SEE MONTH END AT 1655p

[waldron] 29/9/2021 16:26

U.S. Crude-Oil and Fuel Inventories Unexpectedly Rise

29 September 2021 - 05:20PM

Dow Jones News



By Dan Molinski

U.S. oil inventories surprisingly increased last week, while stockpiles of gasoline and other fuels also rose, according to data released Wednesday by the Energy Information Administration.

Benchmark U.S. oil prices that were slightly lower before the mostly bearish report drifted slightly higher afterward. The Nymex front-month crude contract for November delivery was recently up 0.4% at $75.63 a barrel.

Crude-oil stockpiles rose by 4.6 million barrels to 418.5 million barrels, and are now about 7% below the five-year average, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would fall by 2.5 million barrels from the prior week.

Oil stored at Cushing, the delivery point for U.S. stocks, rose by 131,000 barrels from the previous week, to 34 million barrels, the EIA said in its weekly report.

U.S. crude-oil production rose by 500,000 barrels a day last week to 11.1 million barrels a day, according to EIA, as offshore output continued to recover from Hurricane Ida-caused shutdowns.

Gasoline stockpiles climbed by 193,000 barrels to 221.8 million barrels, compared with analysts' expectations for inventories to increase by 900,000 barrels from the previous week.

Distillate stocks, which include heating oil and diesel fuel, rose by 384,000 barrels to 129.7 million barrels, and are now about 12% below the five-year average, the EIA said. Analysts were forecasting a 1.3-million-barrel decline from the previous week.

The refining capacity utilization rate rose by 0.6 percentage points from the previous week to 88.1%, which was close to analysts' forecasts for a 0.8 percentage-point increase from the previous week.

U.S. oil inventories for the week ended Sept. 24:


Crude Gasoline Distillates Refinery Use
EIA data: +4.6 +0.2 +0.4 +0.6
Forecast: -2.5 +0.9 -1.3 +0.8


Note: Numbers in millions of barrels, with the exception of refinery use, which is in percentage points.

Write to Dan Molinski at [e-mail]



(END) Dow Jones Newswires

September 29, 2021 11:05 ET (15:05 GMT)

[seagreen] 27/9/2021 17:01

Curiously some one pointed out that the average battery life of a car is circa 8 years (I am not sure how you verify that) and we are going to create an even worse eco/carbon problem by switching to electric cars and the increase in demand for electricity (in the absence of a workable hydrogen car...no smoking please whilst the car is moving) on the national grid could be catastrophic.

some feel a small efficient 1.3ltr modern petrol engine will go on forever and has a dust to dust carbon footprint of 7 years as opposed to 75 years dust to dustcost of electric packs which absorbs a huge amount of hydrocarbon energy to create in the first place and go obsolete within a few years.

I do not fancy driving any mode of transport powered by hydrogen personally...

Must dash to phone Gretta Grumble to see what she thinks

[grupo guitarlumber] 27/9/2021 13:56

The energy supply arm of Royal Dutch Shell PLC will be transferred 255,000 domestic customers from Green Supplier Ltd., one of the U.K. retailers that went out of business in recent weeks due to rising gas and power prices.

Ofgem, the country's energy regulator, said Monday that it has appointed Shell Energy to take on supplying Green's customer base, which also includes a small number of non-domestic clients.

On Sunday, Octopus Energy was appointed to supply 580,000 households from Avro Energy, another collapsed retailer.

So far this month, 1.5 million U.K. customers have seen their suppliers go out of business. A global shortage of natural gas has increased power prices in Europe, and ill-prepared companies can't cover the cost of buying the electricity they need to supply their customers.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

September 27, 2021 08:15 ET (12:15 GMT)

[grupo guitarlumber] 27/9/2021 13:48

Royal Dutch Shell A
1,570.4 +2.69%



Royal Dutch Shell B
1,570.6 +2.76%
AS YOU SAY FLO NO REAL DIFFERENCE THESE DAYS

[florenceorbis] 25/9/2021 07:45

Royal Dutch Shell a
1,529.2 +0.35%


Royal Dutch Shell b
1,528.4 +0.53%

not much difference these days

[florenceorbis] 25/9/2021 05:13

An Unstoppable Natural Gas Rally

By Editorial Dept - Sep 24, 2021, 1:30 PM CDT


1. Oil Supply Disruptions Set To Ease

- With September seeing crude supply disruptions across continents, the upcoming months should bring most of that idled capacity back, also boosted by the end of field maintenance in Kazakhstan and Canada.

- Russia’s condensate supply was derailed by an August explosion at Gazprom’s condensate treatment plant, whilst Nigerian exports were hindered by oil spills and pipeline attacks.

- Shell, the main producer in the US Gulf of Mexico, indicated that repairing the West Delta-143 platform will take at least several months, shaving off some 250,000 b/d of production over Q4 2021.

- More than 16% of US Gulf of Mexico production is still shut-in, equivalent to almost 300,000 b/d as the pace of restoring output has weakened substantially this week.


2. Gas Prices Continue Their Insane Run

- Europe’s benchmark TTF pricing has netted another all-time high this week, with front-month ICE prices reaching €75 per MWh ($25 per mmBtu) this Monday, before dipping closer to the €70 per MWh threshold.

- In the meantime, spot LNG prices in Asia continued their upward movement, too, surging past $25 per mmBtu this week in unison with Europe.

- Russia’s pipeline gas monopoly Gazprom has still failed to book additional October capacity as it continues to replenish domestic inventories, while landed LNG prices in Europe are more than fourfold their seasonal average.

oilprice.co

[florenceorbis] 25/9/2021 04:51

EU Ministers Unveil Plan to Weaken Russian Grip on Gas Supply

5 hours ago

Europe’s energy ministers have joined forces to establish a plan that will reduce their dependence on foreign gas and purchase supplies as a bloc as part of a larger effort to combat Russia’s stake in the highly-coveted resource.

The plan is to purchase strategic gas reserves as a bloc with the goal of allegedly “countering221; Russian efforts to cut supply and hike prices.

The Times reported that prior to the European Union energy meeting on Wednesday, discussions were largely overshadowed by global gas shortages and forthcoming price spikes that many believe will prompt an energy crisis across Europe over the cold winter months.

“We’ve seen huge price increases,” said Dimitri Vergne, head of the energy team at the European Consumer Organization. “It’s worrying ahead of the winter, when gas consumption will necessarily increase.”

Gas accounts for over a fifth of the European Union’s energy mix, although it varies across the bloc — Russia provides 41% of the bloc’s gas.



Globally, the demand for gas has risen tremendously, and since the start of the year, wholesale gas prices in Europe have risen by 250%.

Some of the European nations at stake include Germany, France and Spain.

Alexey Miller, the head of Russia’s Gazprom, has warned that gas prices across Europe are more than likely to “reach new record highs” in the coming months.

The decrease in the volume of natural gas exports from Russia to northern Europe is a result of last year’s harsh and prolonged winter that caused a storage capacity — the maximum volume of natural gas that can be stored at a storage facility.

Individual EU countries are already intervening to ease the energy crisis, with Spain taking the lead after announcing emergency measures to cap energy prices and profits.

France has promised one-time payments of €100 (£86) for households struggling to pay their energy bills.

More recently, Annalena Baerbock, a German election candidate and leader of the Greens party, joined in on the chorus of individuals who have laid blame on Russia for gas issues.

Baerbock said that the German government should send a message to Moscow quoting, "Russia must stick to its promises and supply enough gas through the existing pipelines like it used to.”

Meanwhile, the energy ministry's spokeswoman, Suzanne Ungrad, said on Wednesday that Russia was fulfilling existing supply deals and did not disregard any long-term contracts.

sputnik international

[florenceorbis] 25/9/2021 04:36

Royal Dutch Shell announced (20-Sep-2021) the company has set a target of producing around two million tonnes of sustainable aviation fuel (SAF) p/a by 2025. The company also aims to have at least 10% of its global aviation fuel sales as SAF by 2030. At present, Shell supplies SAF produced by other organisations.

[ball deap] 24/9/2021 23:17

Imagine oil at 100 usd/brl , We believe this is just a matter of time now, hold tight I'm heavy into RDSA and BP got a massive long trade going on the biggest I've ever done. For a wild card punt check out TOM Tomco it's tipped to lick !!

[waldron] 23/9/2021 13:00

SHELL B : Buy rating from JP Morgan

09/23/2021 | 12:49pm BST


Christyan Malek from JP Morgan retains his positive opinion on the stock with a Buy rating. The target price has been modified and is now set at GBX 2150 compared to GBX 2100.

[waldron] 23/9/2021 07:32

Published Thu, Sep 23 202112:22 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open higher Thursday as global markets react to the latest statements from the U.S. Federal Reserve in which it said it was not ready to taper monetary stimulus yet.

Britain’s FTSE is seen opening 25 points higher at 7,101, Germany’s DAX 71 points higher at 15,561, France’s CAC 40 up 27 points at 6,657 and Italy’s FTSE MIB 97 points higher at 25,490, according to IG data.

[waldron] 22/9/2021 16:38

U.S. Oil Inventories Fall as Refineries Restart After Hurricane
22 September 2021 - 05:21PM
Dow Jones News


By Dan Molinski

U.S. oil inventories fell last week and gasoline supplies climbed as refineries boosted activity following Hurricane Ida-caused outages, according to data released Wednesday by the Energy Information Administration.

Benchmark U.S. oil prices that were higher before the mixed-to-bullish report came out held on to most of those gains afterward. The Nymex front-month crude contract for November delivery was recently up 1.5% at $71.56 a barrel.

Crude-oil stockpiles dropped by 3.5 million barrels to 414 million barrels, and are now about 8% below the five-year average, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would fall by 2.4 million barrels from the prior week.

Oil stored at Cushing, the delivery point for U.S. stocks, fell by 1.5 million barrels from the previous week, to 33.8 million barrels, the EIA said in its weekly report.

U.S. crude-oil production rose by 500,000 barrels a day last week to 10.6 million barrels a day, according to EIA, as offshore output continued to recover from Ida.

Gasoline stockpiles climbed by 3.5 million barrels to 221.6 million barrels, compared with analysts' expectations for inventories to decrease by 1 million barrels from the previous week.

Distillate stocks, which include heating oil and diesel fuel, fell by 2.6 million barrels to 129.3 million barrels, and are now about 14% below the five-year average, the EIA said. Analysts were forecasting a 900,000-barrel decline from the previous week.

The refining capacity utilization rate surged 5.4 percentage points from the previous week to 87.5% as plants came back online after Ida-caused power outages. The sharp increase compared with analysts' forecasts for just a 1.8 percentage-point increase from the previous week.

U.S. oil inventories for the week ended Sept. 17:


Crude Gasoline Distillates Refinery Use
EIA data: -3.5 +3.5 -2.6 +5.4
Forecast: -2.4 -1.0 -0.9 +1.8



Note: Numbers in millions of barrels, with the exception of refinery use, which is in percentage points.

Write to Dan Molinski at [e-mail]



(END) Dow Jones Newswires

September 22, 2021 11:06 ET (15:06 GMT)