Shell Share Discussion Threads

[4spiel] 01/9/2015 15:24

if oil goes to 38 dollars Pico you will soon find out !!! if you have deep pockets why worry? you know somebody will threaten start a war to get it up if they are desperate enough and at 38 for too long or less they would be. Putin and Medvedev sprucing up their muscles in the gym at the moment - they might think up something not too dangerous but Saudi King visiting America. This oil glut needs sorting !

[picobird] 01/9/2015 12:40

That's my pension income taken care of. OPEC finally conceding a bit I hope !
TA went out the window as this looks pretty much a last chance to buy sub £17.
But what do I know !

[trulyscrumptious] 01/9/2015 11:29

Is £16 the floor or has it further to go? C'est la vie!

[chemistdude] 01/9/2015 10:07

Added for the retirement fund :)

[moneysage] 01/9/2015 09:09

Coiled spring with wider market holding this one back.

[my retirement fund] 01/9/2015 07:38

Last chance to get this at the present near 7% yeild on offer. Normality will prevail.

[4spiel] 31/8/2015 23:57

OPEC to the rescue.! it will be interesting The breeze is good for financial traders. black gold. Talk of retest of 37.50 later on- if inventories increase but opinion divided. Some positive momentum at the moment. Anxieties about Ukraine and Russian intentions as well. What is a fair price for oil? it all depends upon - fair for whom ! They ought to abandon the oil price and allow free bargaining contractually. Russia and Venezuala need at least 100 dollars a barrel . The Saudis can survive on 20 but the regime needs 100 really to keep population docile At that price we will be awash with oil now where would it all go ! it would be lost opportunity because cheaper oil is stimulative of economic activity. 60 would be fair I am sure but who will accept it - who will cut production ? Believe it when I see it !

[bamboo2] 31/8/2015 21:43

RDS/A:US +0.61% at close. :)

[stevenrevell] 31/8/2015 20:44

I think the only thing that will keep this down Tomoz is China blowing up

[shahi1] 31/8/2015 19:36

Brent Up 8% now...wow...never saw this coming today. OPEC seems to be driving this rally today as well as US inventories adjustments:

hxxp://fuelfix.com/blog/2015/08/31/oil-surges-as-opec-signals-its-open-to-fair-and-reasonable-prices/

[jonwig] 31/8/2015 19:10

To a non-expert in the oil market (myself!) this looks a compelling case for investing in Shell -

[cc2014] 31/8/2015 18:34

Oil on real mission this evening - as far as I can work out should be good for at least 100p on RDSB in the morning.

[shahi1] 31/8/2015 18:13

Brent jumped up by over 5% ....let's see what it does for Shell tomorrow.

[imperial3] 31/8/2015 10:19

4spiel.Thank you for your excellent read.

[4spiel] 31/8/2015 00:42

Good question Imperial not easily answered !.Do we know what oil is really worth ? There are many suppliers with different costs requiring different prices to make a profit. Basic economics says price is where supply and demand meet strikes the price but is a very simple model. Oil markets are very complex there are many producers with different costs and consumers ; there are sellers and buyers and it is stored often in tankers waiting to be sold. There have been times when sellers have had the upper hand when pressure of demand has enabled sellers to hike the price until recently and sentiment moved with the underlying belief that it was not being replaced by producing companies fast enough and indeed that it could only be found afresh in cold Artic locations African swamps and deep drilling in environmentally risky locations at great cost. recent changes have been : the new shale resources particularly in US - resumption of some supply from Iraq and a new prospect of much more from Iran. On the other side a slowing of global economy associated in part by the attempted rebalancing of the Chinese economy. The latter has resulted in reduced demand for a wide range of raw materials this has caused a shift in sentiment - producers need to sell oil there is a limit to what can be stored/hoarded but it caused a shock driving the price down far below recent levels. In actual fact a fall in the oil price ought to be a stimulus to the global economy as indeed lower commodity prices in general but we have the matter of time lags. So for sure sentiment can run so far one gentleman in Switzerland on SHA is very good in depicting waves of sentiment that run the speculative financial markets. it is said there is no better regulator than free markets -well none yet has been found but also sentiment runs back and forth - volatility and sometimes we have a trend but with interruptions one way that lasts for a length of time until fundamentals reverse and there is a new trend with its own interruptions. You have to make up your own mind whether the present rally is an interruption in the recent downtrend because it has gone below what oil costs globally weighting supply costs amongst at least the main producing countries and the pips are squeaking or whether it is simply a financial relief rally that will either reverse or potentially be manipulated further. in other words whether it is money that is driving the oil price - speculators in the largest U.S.economy on inventory figures and next week on labour market data or tomorrow and the Fed decision in a few weeks if China removing stock market support generates another shock tomorrowin confidence from an important economy. The big difficulty with oil markets is that there should not be an oil price and OPEC was no good thing because it has distorted production in so far as too many countries have growing socialism on its back and deloped countries layered it with tax to indulge in similar delusory luxury -we have been castigating Iran for investing in Nuclear energy and Germany thinks we can do without it. What will be of the essence for investors in oil companies is watching closely their profitability their cash flows asset sales and how much real return there will be for them. the oil price is breeze that speculators make money on from day to day what concerns us is the share prices maybe Imperial ? ( I may edit this as I write spontaneously when I have an impulse to)

[imperial3] 29/8/2015 14:19

Why the sudden spike upwards in the oil price?

[fangorn2] 29/8/2015 08:40

Baker Hughes Rig Count - US down 8, Canada down 12 and International down 20.




Holding long n strong, as well as having added at the lows.

Hope the resurgence continues.

[moneysage] 28/8/2015 15:52

Which brave soul wants to buy and hold through this bank holiday weekend?Oh go on. Their is an oil short squeeze underway!!

[84stewart] 28/8/2015 08:45

Discount narrowing 15.9

[imperial3] 28/8/2015 08:21

Not to mention their excessive pay.

[kiwi2007] 28/8/2015 08:10

A comment from an FT reader.

John Clark 54
2 days ago

Shell's management 'prorating' their offer could be admitting they had made a mistake and losing the chance of managing the enlarged company. I suspect they would rather lose their shareholder's money than lose face.

[84stewart] 28/8/2015 07:24

16.6% discount