Shell Share Discussion Threads

[waldron] 01/8/2019 05:35

fjgooner
31 Jul '19 - 21:26 - 6692 of 6693
0 1 0
On the EIA data, excellent news yet again for our sector.

But the share price responds irrationally yet again.

I'm embarrassed - apologies.

Perhaps Q2 results will be received positively and with more common sense.
fjgooner
31 Jul '19 - 21:31 - 6693 of 6693
0 1 0
Powell speaks, markets suffer and are confused. Moronic.


No need for apologies.

This malaise is affecting many blue chip shares

i put down to many geo political and macro economic issues with Trumpet being at the centre with his trade war sanctions bullying and threats

All will come amazingly right when Trumpet starts seriously running for his second term

[fjgooner] 31/7/2019 21:31

Powell speaks, markets suffer and are confused. Moronic.

[fjgooner] 31/7/2019 21:26

On the EIA data, excellent news yet again for our sector.

But the share price responds irrationally yet again.

I'm embarrassed - apologies.

Perhaps Q2 results will be received positively and with more common sense.

[waldron] 31/7/2019 19:51

Dow drops 250 points as Powell hints rate cut was just an ‘adjustment,’ not the start of a trend
Published Wed, Jul 31 2019 2:38 AM EDTUpdated Moments Ago
Fred Imbert
@foimbert





Stocks fell to their lows of the day on Wednesday as the top Federal Reserve official dampened hopes for further rate cuts later this year.

The Dow Jones Industrial Average traded 245 points lower, or 0.9%. The S&P 500 and Nasdaq Composite slid 0.8% and 0.8%, respectively.

Fed Chair Jerome Powell told reporters the central bank’s rate cut was a “mid-cycle adjustment, ” hinting that further rate cuts later this year are not a sure thing.

“You have to look at not just the 25 basis-point cut, but look at the committee’s actions over the year,” Powell said. “We started off [the year] expecting some rate increases.”

The Fed reduced the overnight rate by 25 basis points, marking its first cut since the financial crisis more than 10 years ago. The central bank’s policymaking committee cited “global developments ” along with “muted inflation” as reasons for easing monetary conditions. Traders had been pricing in a quarter-point rate cut heading into the announcement. The Fed also said it will end the reduction of its balance sheet and opened the door for future rate cuts.

“This is very much in line with what we were expecting, including the balance sheet,” said Gregory Faranello, head of U.S. rates at AmeriVet Securities. “When you look at what they’ve released, a lot of that has been out there. He’s talking about uncertainty, the potential for more if it’s warranted. He’s referring to survey and market-based inflation numbers as both being muted. These are pretty consistent with what he’s pointed to.”

Treasury yields climbed off their lows. The 10-year note yield traded at 2.03%. The dollar jumped against a basket of currencies, trading 0.2% higher. Bank stocks hit their highs of the day, with the SPDR S&P Bank ETF (KBE) rising 0.2%.

The cut comes amid mixed economic data. U.S. economic growth slowed down to 2.1% in the second quarter. However, that growth rate was better than expected.

“The Fed has capitulated to softer economic growth. Inflation is headed lower, but recession is unlikely,” said David Abramson, chief U.S. strategist at Alpine Macro, in a note. “Policy reflation should put a floor under stock prices and sustain the forward earnings multiple, even as overall profit momentum fades in the coming months.”

The projected move from the Fed has supported risk asset prices worldwide recently. However, trade war concerns have resurfaced to cap gains.

President Donald Trump said in a series of tweets Tuesday that Beijing is not keeping its promise of buying more U.S. agricultural products, decreasing hope that the world’s two largest economies could soon reach a trade deal. China insists it has bought U.S. agricultural products.

A U.S. trade delegation returned from China on Wednesday as the two sides restarted trade talks. The White House said talks would continue in early September as Chinese officials travel to Washington.

[waldron] 31/7/2019 17:48

31 Dec '18 - 13:36 - 1433 of 1453 Edit
0 4 0
RDSB WISHFUL THINKING PERHAPS FOR THE LONG LONG TERM


waldron
16 Aug '18 - 14:34 - 3451 of 3480 Edit
0 4 0
Should be fun to chalk it up BOX BY BOX


2175 to 2275p

2275 to 2375p
2375 to 2475p
2475 to 2575p
2575 to 2675p$$$$$$$$$$WE ARE HERE TODAY$$$$$$$$$$$$$$$$$$$
2675 to 2775p
2775 to 2875p$$$$$$$$$$WE WERE HERE $$$$$$$$$$$$$$$$$$$
2875 to 2975p
2975 to 3075p xmas 2019
3075 to 3175p
3175 to 3275p
3275 to 3375p
3375 to 3475p xmas 2020

A SLOW snail like CRAWL TO FJGOOONERS DREAM TARGET PRICE OF 3400p which may well be changed if convincingly surpassed before CHRISTMAS 2020


31st december 2018 WE HAD HOPED TO END THE YEAR IN THE 2675 to 2775p BOX
but alas we have to accept putting up with 2340p in the 2275 to 2375p BOX

FEBRUARY MONTH END GIVES US 2364.5p and thus we find ourselves again for awhile in the 2275 to 2375p BOX

MARCH ENDETH AT 2428p snug in the 2375 to 2475p BOX


APRIL ENDS AT 2464.5p but STILL in the 2375 to 2475p BOX

MAY ENDS AT 2473.50 DUE TO SLIPING BACK INTO THE 2375 to 2475p BOX during the last session


June ends nicely in the 2575 to 2675p BOX at 2581p

July ends in the 2575 to 2675p BOX at 2602.50p

[chiefbrody] 31/7/2019 17:41

Too early to expect a div increase (its already increasing due to gutter pound i know) tomorrow?

[waldron] 31/7/2019 17:23

Brent Crude Oil NYMEX 65.03 +0.62%
Gasoline NYMEX 1.86 +0.60%
Natural Gas NYMEX 2.26 +5.90%
(WTI) 58.44 USD +0.34%




FTSE 100
7,586.78 -0.78%
Dow Jones
27,222.09 +0.09%
CAC 40
5,518.9 +0.14%
SBF 120
4,363.57 +0.13%
Euro STOXX 50
3,466.85 +0.04%
DAX
12,189.04 +0.34%
Ftse Mib
21,377.56 +0.47%


Eni
14.204 +0.78%


Total
47.035 -0.42%

Engie
13.92 -0.85%

Orange
13.425 -0.26%



Bp
545.7 +0.46%

Vodafone
150.08 -0.77%

Royal Dutch Shell A
2,594 -0.69%

Royal Dutch Shell B
2,602.5 -0.59%

[fjgooner] 31/7/2019 15:32

EIA data has just been published. Excellent news again.

Analysts surveyed on the EIA data by The Wall Street Journal were looking for:

crude inventories to fall 2.1 million barrels
gasoline stocks were expected to decline 1.8 million barrels
distillates were forecast to rise by 700,000 barrels

Actual data just released:

crude inventories fell 8.496 million barrels
gasoline stocks fell 1.791 million barrels
distillates fell 894,000 barrels

[grupo] 31/7/2019 06:59

TOP NEWS: Equinor Pips Delek To Shell's Caesar-Tonga Field Stake


Dutch Shell PLC has sold its interest in a Gulf of Mexico oil field to Norway's Equinor ASA, it said Wednesday, after Equinor exercised its right...

[waldron] 31/7/2019 05:38

nice to hear

to hear nice

enjoy

[fjgooner] 31/7/2019 01:53

Excellent American Petroleum Institute data has been published showing strong reductions in US oil stock inventories right across the board. Yet again. :)

I believe that now makes an actual net reduction of US Crude oil inventories for the year to date - but please feel free to correct me if I have got my calculations wrong.

Crude oil -6.024M versus -2.5M consensus
Gasoline -3.135M versus -1.4M consensus
Distillates -0.890M versus +1.0M consensus
Cushing -1.449M

When reiterated by EIA data at 3:30pm, we should see strong gains in our sector.

Going forward, analysts surveyed on the EIA data by The Wall Street Journal are looking for crude inventories to fall 2.1 million barrels, while gasoline stocks were expected to decline 1.8 million barrels and distillates were forecast to rise by 700,000 barrels.

So it should be a good day ahead of Thursday's Q2 Results.

[waldron] 30/7/2019 17:17

Brent Crude Oil NYMEX 64.01 +0.61%
Gasoline NYMEX 1.82 +0.43%
Natural Gas NYMEX 2.11 -0.09%
(WTI) 57.08 USD -0.04%

FTSE 100
7,646.77 -0.52%
Dow Jones
27,185.63 -0.13%
CAC 40
5,511.07 -1.61%
SBF 120
4,357.97 -1.56%
Euro STOXX 50
3,465.47 -1.82%
DAX
12,147.24 -2.18%
Ftse Mib
21,303.7 -1.87%

Eni
14.094 -1.08%



Total
47.235 -1.72%

Engie
14.04 -1.92%

Orange
13.46 -1.14%


Bp
543.2 +3.07%

Vodafone
151.24 -0.66%

Royal Dutch Shell A
2,612 +0.37%

Royal Dutch Shell B
2,618 +0.34%

[fjgooner] 30/7/2019 14:04

Not at all - please feel free.

[sarkasm] 30/7/2019 13:21

fjgooner
30 Jul '19 - 13:03 - 6676 of 6676
0 0 0
Not Shell related, but I thought that this was really interesting. What do you think?

Why Are 96,000,000 Black Balls on This Reservoir?





thanks for that fjg

i hope you do not mind me reposting it on th AQUA and EXTREME threads

[crossing_the_rubicon] 30/7/2019 13:14

BP Q2 earnings slides in case anyone interested

"BP p.l.c. 2019 Q2 - Results - Earnings Call Slides"

[fjgooner] 30/7/2019 13:03

Not Shell related, but I thought that this was really interesting. What do you think?

Why Are 96,000,000 Black Balls on This Reservoir?

[waldron] 30/7/2019 07:35

European stocks seen higher ahead of key Fed meeting
Published 44 min ago
Elliot Smith
@ElliotSmithCNBC




Key Points

The U.S. central bank is widely expected to lower borrowing costs this week by a quarter point for the first time since the height of the financial crisis.
Meanwhile, U.S. and Chinese negotiators are set to resume face-to-face trade talks on Tuesday, though expectations of a significant breakthrough this week remain low.
Back in Europe, the pound hit a 28-month low on Monday as fears of the U.K. leaving the European Union without a deal escalated.

European stocks are set to open higher on Tuesday as investors prepare for an expected interest rate cut from the U.S. Federal Reserve.

The FTSE 100 is seen around 18 points higher at 7,725, the DAX is set to climb by around 29 points to 12,446 and the CAC 40 is expected to open around 13 points higher at 5,614.

The U.S. central bank is widely expected to lower borrowing costs this week by a quarter point for the first time since the height of the financial crisis.

Meanwhile, U.S. and Chinese negotiators are set to resume face-to-face trade talks on Tuesday, though expectations of a significant breakthrough this week remain low.

Stocks in Asia edged higher in Tuesday afternoon trade as investors await developments from the talks, while the Bank of Japan also opted to keep monetary policy steady.

Back in Europe, the pound hit a 28-month low on Monday as fears of the U.K. leaving the European Union without a deal escalated. Prime Minister Boris Johnson said the current divorce deal was dead and cautioned that unless the EU agreed to renegotiate, Britain would leave without a deal on October 31. The pound is currently trading around $1.2129.