Shell Share Discussion Threads

[ianood] 14/11/2018 07:20

fjg - quality post.

[fjgooner] 14/11/2018 02:33

@montyhedge

No, to be honest I can't ever recall a steeper decline in crude over a one-day or a two-week basis. It is indeed quite extreme.

And for that very reason, I'd expect it - almost as usual these days for all such movements - to reverse once it has been seen as an irrational over-reaction.

I just enjoy disagreeing with you because you are always such an obvious shorter. [And, yes, I know it doesn't make any difference on such a big stock etc. ...]

But I was also making an equally valid point in favour of Shell on the LNG front - I didn't even bother making the more obvious point that Shell's downstream and chemical divisions will always benefit inversely proportionally to upstream - isn't vertical integration just grand?

But back to crude issues. On this occasion, OPEC's response (to actively consider cuts in 2019, Saudis to likely initiate 500K boe cuts in December) has been called a bluff by the market in comparison to Trump's Foghorn Leghorn impersonations.

If market dynamics continue to disbelieve OPEC's intentions, then I'd expect the OPEC reaction to be all the more extreme and would so expect little cooperation from them next May when Trump will be under pressure to withdraw Iranian sanction waivers.

His "wavering" Iranian sanctions are already being openly mocked across the Middle East as feeble and weak.

He won't like that.

FJ :)

[2hoggy] 13/11/2018 21:42

What about natural gas being the second most important fuel in the future as coal recedes into the past.

That's why I bought into this company,gas is the immediate future as its cleaner than coal and oil...

[montyhedge] 13/11/2018 21:41

But have you ever seen oil drop 7% in a day ?

[fjgooner] 13/11/2018 20:35

Natural Gas UP by over 7% in one day, never ever seen anything like it.

And this has been repeated day after day for many sessions.

It's currently at $4.068 compared to $2.767 on the 9th September - a massive 47% rise.

That's great news for a huge global LNG player like Shell.



Natural Gas Price Prediction – Prices Surge to Fresh 2-year Highs

[montyhedge] 13/11/2018 19:39

Oil down 7% in one day, never ever seen anything like it.

[zho] 13/11/2018 11:49

Despite rising early following indications from OPEC+ that production cuts are being considered for 2019 (and that Saudi Arabia is considering a 500kb/d cut in December), oil prices fell sharply later in the day immediately following a tweet from US President Donald Trump saying that oil prices should be "much lower" and expressing his hope that OPEC would not be cutting oil production. This was the latest in a number of tweets from the US leader that have appear to have had a significant impact on oil markets. A number of macro datapoints are coming today with the OPEC Monthly Oil Market Report and the EIA's Drilling Productivity Report, which will add some basinlevel detail on the recent increase to the EIA's US production forecasts

[grupo] 13/11/2018 11:35

Chief Data Officer
BP, Shell and Equinor to use blockchain for energy commodity trading

The blockchain-driven solution, Vakt, aims to get rid of cumbersome paperwork and get major players using smart contracts to enjoy cost-savings of around 40% in post-trade resolution
Big DataBlockchainChief Data Officer
Caitlin Stanway-Williams
13
Nov


BP, Shell and Equinor, three of the largest oil companies in the world, have united with several banks and trading houses to launch Vakt, a blockchain-driven platform that focuses on energy commodity trading.

The blockchain solution was first announced in November 2017 and will aim to rid major industry players of cumbersome paperwork and begin using smart contracts, improving trading efficiency.

At the S&P Global Platts Digital Commodities Summit in London, product development VP of Vakt Lyon Hardgrave announced: "We expect to go live at the end of November in the North Sea oil market," adding that "in 2019 we will look at ARA barges, waterborne markets and US crude pipelines. And by January we expect the first licensees will come on board, in addition to our shareholders".


Other shareholders of the platform include Gunvor, ABN AMRO, Koch, ING, Mercuria and Societe Generale.

Hardgrave explained that because of the number of data errors that would be eliminated and the number of processes accelerated by the Vakt system, licensees would experience cost savings of around 40% in post-trade resolution.

"This not a trading platform, nor a settlement platform - there is no cryptocurrency involved. But it is everything in between: deal recap; confirmation; contract; logistics (the really big element in all this) – and invoicing," he said.

[waldron] 13/11/2018 10:24

Shell A
2,395.5 -1.48%


Shell B
2,449.5 -1.23%

[waldron] 13/11/2018 10:22

Ex-dividend date (see Note 1) November 15, 2018
Record date November 16, 2018
Closing of currency election date (see Note 2) November 30, 2018
Pounds sterling and euro equivalents announcement date December 6, 2018
Payment date December 19, 2018

[waldron] 12/11/2018 17:57

Total
50.22 -0.53%


Engie
12.545 -0.24%

Orange
14.51 -0.82%


FTSE 100
7,053.08 -0.74%
Dow Jones
25,588.59 -1.54%
CAC 40
5,059.09 -0.93%


Brent Crude Oil NYMEX 71.07 +1.27%
Gasoline NYMEX 1.64 +1.51%
Natural Gas NYMEX 3.76 +0.99%



BP
528.1 +0.80%


Shell A
2,431.5 +0.56%


Shell B
2,480 +0.71%

[ariane] 12/11/2018 10:39

Holly Ellyatt
@HollyEllyatt






Key Points

President Donald Trump is one factor among many impacting oil markets right now, according to Bob Dudley, the chief executive of oil giant BP.
“He’s (Trump is) keeping people guessing on many, many fronts and it also impacts the oil markets,” Dudley told CNBC on Monday.
“It’s more than that (the Trump administration). There’s uncertainty in the supply from Venezuela, there’s still disruptions in Libya, for example, there’s a lot of uncertainty out there,” Dudley added.

[ariane] 12/11/2018 10:39

Holly Ellyatt
@HollyEllyatt






Key Points

President Donald Trump is one factor among many impacting oil markets right now, according to Bob Dudley, the chief executive of oil giant BP.
“He’s (Trump is) keeping people guessing on many, many fronts and it also impacts the oil markets,” Dudley told CNBC on Monday.
“It’s more than that (the Trump administration). There’s uncertainty in the supply from Venezuela, there’s still disruptions in Libya, for example, there’s a lot of uncertainty out there,” Dudley added.

[waldron] 12/11/2018 07:33

4INTEREST PERHAPS

[ianood] 11/11/2018 19:52

I fancy that this points out to Mr Trump that it is Saudi Arabia that controls the oil market

[waldron] 09/11/2018 17:25

Total
50.49 -1.83%


Engie
12.575 +2.44%

Orange
14.63 +0.00%

FTSE 100
7,105.34 -0.49%
Dow Jones
25,957.07 -0.89%
CAC 40
5,106.75 -0.48%

Brent Crude Oil NYMEX 69.89 -1.08%
Gasoline NYMEX 1.61 -2.12%
Natural Gas NYMEX 3.77 +6.41%



BP
523.9 -0.96%


Shell A
2,418 -0.23%


Shell B
2,462.5 -0.10%


so the week ends in the 2375 to 2475p BOX

NEXT WEEK WILL CONFIRM

[knowing] 09/11/2018 16:14

Yep but 8% come on

[jon123] 09/11/2018 15:53

most oils stocks are down today

[imperial3] 09/11/2018 15:51

So what,they are down as well.

[knowing] 09/11/2018 15:46

Have you seen the price of TLW