Shell Share Discussion Threads

[trulyscrumptious] 07/10/2015 14:51

More of the same today!

[nw99] 06/10/2015 22:59

Crude oil surged 5 percent on Tuesday after the United States cut output forecasts, while global equity markets mostly rose on expectations the Fed will not raise interest rates this year, though Wall Street fell on slumping biotech stocks.

[2hoggy] 06/10/2015 22:34

Honestly how can oil stay at very low prices,the main producers would be in serious financial trouble if it carried on.

[grupo guitarlumber] 06/10/2015 21:53

FJG

BEST USE CAPITAL H FOR LINK

THUS




Between improving demand and declines in U.S. oil supplies, the market could rebalance in 2016

fjgooner
6 Oct'15 - 20:28 - 4304 of 4304 1 0

[fjgooner] 06/10/2015 20:28

hxxp://www.voanews.com/content/reu-opec-sec-gen-sees-oil-market-improving-low-price-will-not-persist/2993574.html

OPEC Sees Oil Market Improving, Low Price Will Not Persist

Quote today by OPEC secretary-general Abdullah al-Badri :

“We will see the effect of the cut on production,” Badri said. “This will mean less supply in the near future.”

“We are seeing now a low price. After a few months, we will not see this. We will see a higher price again.”

Extract

The International Energy Agency, which advises industrialized countries on oil policy, sees an even larger impact on non-OPEC supply in 2016 from low prices.

IEA Executive Director Fatih Birol, also at the conference, said the drop in upstream oil investment in 2015 would be at least 20 percent versus 2014, the biggest ever fall.

OPEC expects global demand for its crude, under pressure in recent years because of rising supplies from outside the group, to rise to 30.3 million barrels per day in 2016, about 1 million bpd more than in 2015.

[fjgooner] 06/10/2015 20:06

Oil price forecaster declares crude at a 'turning point'

hxxp://www.cbc.ca/news/business/oil-price-forecaster-declares-crude-at-a-turning-point-1.3258298

Between improving demand and declines in U.S. oil supplies, the market could rebalance in 2016

[whiskeyinthejar] 06/10/2015 16:25

And "safeguard the buyback programme "

Lol. I wasn't expecting buybacks for yet a while!

Bit more about his speech here:

Royal Dutch Shell warns of risk of oil price spike

[fangorn2] 06/10/2015 16:18

CEO's comments worked wonders for Shell so far :)

"Shell doing all it can to safeguard dividend amid low oil prices, says CEO"

[minerve] 06/10/2015 15:59

So far so good....

[supermarky] 06/10/2015 15:58

I'm a happy bunny. Glad I topped up the other day.

[wipo1] 06/10/2015 14:58

Well done those who got in at or near bottom. I went for Statoil so can't complain either.

[hiriam007] 06/10/2015 14:31

George VII; just too much? :))))

[jonwig] 06/10/2015 14:13

Just don't ever mention Elizabethan territory ...

[wad collector] 06/10/2015 13:13

Sp now firmly in Georgian territory , I think Victorian levels a reasonable target in remainder of year , depending of course on all sorts of variables.....

[minerve] 05/10/2015 23:28

Black Gold, Texas Tea...

[supermarky] 05/10/2015 23:17

Bring it on

[diku] 05/10/2015 23:10

2000p anybody by Christmas....

[fjgooner] 05/10/2015 19:44

Well worth a read - especially for those long in oil stocks. FJ :)

How a ‘price spike’ threat lurks even in a world awash in oil

hxxp://business.financialpost.com/news/energy/how-a-price-spike-threat-lurks-even-in-a-world-awash-in-oil?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FP_TopStories+%28Financial+Post+-+Top+Stories%29

[trulyscrumptious] 05/10/2015 16:47

Russia said it is ready to meet others to support price of oil by cutting production - Euronews.

[wad collector] 05/10/2015 15:47

Looks like share price is moving into Georgian territory now.

[supermarky] 05/10/2015 15:00

Ei getting ready for ukx short. If it breaks 6300 it'll be bullish so switch long imo. Shell looking good for once lol.

[trulyscrumptious] 05/10/2015 12:09

In that case I'm glad I bought some while the share price was in the doldrums!