Shell Share Discussion Threads

[waldron] 22/7/2019 17:01

Brent Crude Oil NYMEX 63.24 +1.23%
Gasoline NYMEX 1.80 +0.22%
Natural Gas NYMEX 2.29 +2.65%
(WTI) 56.16 USD +0.12%

FTSE 100
7,514.93 +0.08%
Dow Jones
27,122.59 -0.12%
CAC 40
5,567.02 +0.26%
SBF 120
4,390.49 +0.23%
Euro STOXX 50
3,487.69 +0.23%
DAX
12,289.4 +0.24%
Ftse Mib
21,699.9 +0.27%


Eni
14.316 +0.68%

Total
48.195 -0.01%

Engie
13.82 +0.51%

Orange
13.155 -0.53%


Bp
523 +1.02%

Vodafone
128.34 -0.77%

Royal Dutch Shell A
2,555.5 +0.65%

Royal Dutch Shell B
2,565.5 +0.90%

[poikka] 22/7/2019 16:19

La Forge - "apparently hit a fishing boat"

Correction: "allegedly hit a fishing boat"

[fjgooner] 22/7/2019 14:51

Could someone please re-direct me to the Shell BB?

I seem to be lost.

[grupo] 22/7/2019 12:49

might have known that scobak would a new kid in the hood

[scobak] 22/7/2019 12:22

No,Rubi has a point. The initial dispute was with Trump. Iran will not take on Trump and the USA so they assert their threats on an American ally who can't / won't fight back. UK has neither the inclination or the ability to do anything.

[maywillow] 22/7/2019 12:04

STOP SPOUTING YOUR SILLINESS HERE RUBI

[poikka] 22/7/2019 11:47

Hahaha, Rubi - "Release the tanker or you get nuked. You got 24 hours, capisci."

[crossing_the_rubicon] 22/7/2019 11:40

Poikka,

Put me in charge, I'll have it sorted, and the tanker released in 48 hours.

[poikka] 22/7/2019 10:24

Macron and Merkel have been making supportive noises, but, yes, the EU is sluggish and reluctant to make any worthwhile decisions. I don't think that there's any denying that.

As said, not impressed by our government allowing this to happen, either. Nor was I impressed by Hunt talking about taking serious action and then saying that there's not much we can do, or similar.

Whatever, act in haste...

[crossing_the_rubicon] 22/7/2019 10:02

Again, this Tanker fiasco illustrates that the EU are no friends of the UK.
All they want is our money...

[poikka] 22/7/2019 08:51

607

"“Companies like Shell, which is considering a $6 billion petrochemical investment, must choose: absorb a higher price cost structure for natural gas liquids (NGLs) needed to produce its product, while facing stiff global competition in the petrochemical business. Or, intensify capital commitments and take over the fracking business, hoping to find synergies through integration,” IEEFA noted."

Not sure about the choices there - invest in petrochemical or "take-over" the fracking business, whatever they mean by "take-over".

But thanks for the post.

[waldron] 22/7/2019 06:15

European markets seen slightly lower as investors consider smaller Fed rate cut
Published 17 min ago
Sam Meredith
@smeredith19




Key Points

The FTSE 100 is seen 3 points lower at 7,505, the CAC is expected to open down around 10 points at 5,542, while the DAX is poised to start 14 points lower at 12,246, according to IG.
Voting in the U.K.’s Conservative Party leadership contest is set to close later in the session, with the next prime minister scheduled to be announced on Tuesday.
On the data front, Britain’s latest CBI business confidence indicator for the third quarter is scheduled to be released at around 11:00 a.m. London time.

European stocks are set to open slightly lower Monday morning, amid waning expectations of an aggressive interest rate cut by the Federal Reserve.

The FTSE 100 is seen 3 points lower at 7,505, the CAC is expected to open down around 10 points at 5,542, while the DAX is poised to start 14 points lower at 12,246, according to IG.

[waldron] 22/7/2019 05:42

FOREXLIVE



Goldman Sachs oil price forecast for Q3 2019 bumped higher
Mon 22 Jul 2019 01:25:01 GMT
Author: Eamonn Sheridan | Category: News

Analysts at the investment bank see a short term boost for prices into the third quarter of 2019.
Say there are transient risks to the upside

prior forecast of $66/barrel (Brent) raised to $74-$76
After Q3, Permian basin de-bottleneck should improve supply.

Looking for demand to improve:

A demand led move higher in the face of current high skepticism toward accelerating economic activity
volatility created by Iran-U.S. tensions
Nonetheless, the coming weeks may be the first window for this support to play out as the economic data calendar moves to its window of greater relevance and influences on risky assets, including oil.

[waldron] 22/7/2019 05:34

Another complication for natural gas producers is that the petrochemical industry, which is attracting tens billions of dollars in investment due to the belief that natural gas will remain cheap in perpetuity. Gas producers, who want higher prices, are in conflict with petrochemical manufacturers, who need cheap feedstocks.

“Companies like Shell, which is considering a $6 billion petrochemical investment, must choose: absorb a higher price cost structure for natural gas liquids (NGLs) needed to produce its product, while facing stiff global competition in the petrochemical business. Or, intensify capital commitments and take over the fracking business, hoping to find synergies through integration,” IEEFA noted. “Both of these scenarios change the risk profile Shell has described to justify its aggressive expansion plans in the Ohio Valley.”

The upshot is that while companies like EQT undertake a major shift in strategy, the road ahead remains rocky either way. “More bankruptcies are all but certain as oil and gas borrowers must repay or refinance several hundred billion dollars of debt over the next six months,” IEEFA concluded.

By Nick Cunningham of Oilprice.com

[xxxxxy] 21/7/2019 15:52

ack FalstaffPosted July 21, 2019 at 7:27 am | PermalinkApparently Mrs May turned down an offer from the United States of deploying a joint UK/US protection force for shipping on the grounds that she didn't want to provoke the Iranians.As usual, she is the friend of everybody else except the UK and its interests.I very much look forward to her going next week and an end to her reign of pusillanimity and sabotage.

[xxxxxy] 21/7/2019 15:34

There isn't much CO2 anyway. Without it life as we know it on this planet stops. Dies.

[xxxxxy] 21/7/2019 15:31

IanTPosted July 21, 2019 at 8:43 am | PermalinkworkersThe math of carbon dioxide is certainly interesting.0.04% – CO2 as a percentage of Earths' total atmosphere3% – Man Made CO2 as a percent of all atmospheric CO21.3% (ish) UKs current CO2 emissions as percentage of all global emissionsSo that makes our current CO2 'contribution' to the total atmosphere about 0.0000156%Reply?LifelogicPosted July 21, 2019 at 10:17 am | PermalinkIndeed and the renewables that we use (at great cost) make virtually no difference at all to C)2 anyway. Also the sensitivity to C02 concentrations does not seem to be a real problem. C02 is making plants grow rather better and greening the planet, generating more food for people, insects, plants and animals in general.