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Royal Dutch Shell: Here’s Why S&P Downgraded Credit Rating

By Muhammad Ali Khawar on Feb 2, 2016 at 6:49 am EST Standard & Poor’s (S&P) recently downgraded Royal Dutch Shell’s (ADR) (NYSE:RDS.A) credit rating from “AA-” to “A+,” as a result of the depressed crude environment. Since June 2014, crude oil prices have fallen more than 70%. The downgrade came just weeks after the […]

Why Royal Dutch Shell Plc Shares Could Easily Topple Another 15%!

By Royston Wild | Fool.co.uk: Friday 29 JAN 2016 Shares in fossil fuel giant Shell (LSE: RDSB) have enjoyed a solid bump higher in recent days following a meaty bounce in the oil price. Crude values have shot skywards following chatter that an accord could be struck between OPEC and Russia to curtail production. The […]

What goes down

By Ed Crooks: January 29, 2016 The week has been a reminder that oil prices can go up as well as down. By Thursday night, Brent crude was 25 per cent higher than its low point eight days earlier. At a little under $34 per barrel, though, oil is still at a level that makes the great […]

Oil price falls again as Shell shareholders prepare to vote on mega-merger with BG Group

The price tumbled as much as 3 per cent during trading yesterday when it emerged Iraq had produced a record high of oil and may even raise output further. The news comes as the market is already braced for more supply from Iran after sanctions were lifted.  Tankers have begun to leave Iran’s ports and […]

Oil prices in reverse amid Opec call

Oil prices tumbled again on Monday, eroding last week’s gains, as Opec called for co-operation from oil-producing nations outside the cartel. Brent crude fell 4.1% to $30.86 a barrel following a 10% rise on Friday, while US oil shed 4.7% to $30.68. The slide came as the head of Opec called for all oil-producing nations […]

Oil plumbs new lows below $27 as rout persists

U.S. oil is now flowing unfettered to Europe for the first time, “so it’s a battle royale.” Markets | Wed Jan 20, 2016: 3:29pm EST: New York U.S. oil prices crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also […]

Why Buying BP plc & Royal Dutch Shell Plc Is Utter Madness!

By Royston Wild – Friday, 15 January 2016 Another day, another chance for further harrowing weakness across stock markets and commodity classes. And so it has come to pass. Brent values fell even further below the $30 per barrel marker during Friday trade, marking fresh nadirs not seen since 2004. The benchmark has dropped more than […]

Oil price crash means petrol could become cheaper than bottled water

By Mehreen Khan: 14 Jan 2016 Petrol will soon cost less than bottled water as the relentless decline in oil prices sends fuel down to 86p a litre, it has been claimed. Brent crude fell to below $30 a barrel for the first time since 2004 on Wednesday evening – and has fallen by more […]

Oil could crash to $10 a barrel, warn investment bank bears

By Mehreen Khan: Telegraph Newspaper: 13 JAN 2016 Oil prices have crashed to below $30-a-barrel amid warnings the rout could reach as low as $10 and bring down petrol prices to levels last seen in 2009. Standard Chartered became the latest major bank to downgrade its oil outlook to $10, joining the likes of Goldman […]

Worst oil bust in 45 years brings US crude below $31 a barrel

HOUSTON — The oil bust that has cost the United States roughly 70,000 energy jobs has become more severe than any downturn in 45 years, Morgan Stanley said Monday, as crude prices fell a sixth day. Crude prices tumbled below $32 a barrel on Monday, and over the past 19 months have plunged further and […]

Oil Prices Decline More Than 5 Percent as Stockpiles Increase

By CLIFFORD KRAUSS: A version of this article appears in print on January 7, 2016, on page B2 of the New York edition HOUSTON — Oil prices plunged again on Wednesday by more than 5 percent as investors paid more attention to signs that global stockpiles are growing than to increasing instability in the Middle East […]

Major shareholder sheds BG stake as merger vote looms

The fund management company cut its holding from 2.2 percent to 0.9 percent and continued offloading shares even after Shell published the deal prospectus, in which the Anglo-Dutch oil major revealed further capex and opex cuts that would boost the merger’s appeal. Although the mega-merger was announced at a time when oil was pushing multi-year lows, […]

Royal Dutch Shell: Cheap Oil Makes BG Group Path Slippery

Ahead of the final vote for the deal, crude oil prices have dropped significantly, presenting one last threat to the merger – by far, the biggest one of all the hurdles it has faced. Further declines in oil prices could be a deal breaker for Shell and BG. By Mushhood Khan on Dec 28, 2015 […]

Oil Prices Could Collapse To $20

By Tyler Durden Extracts from extracts… Could oil prices collapse to $20?  The short answer is ‘yes.’ We believe that crude oil prices could fall further unless global oil production is reduced. As shown in Table 2, we estimate that the global oil market could be oversupplied by roughly 920,000 bpd in 2016. The key […]

Can 2015’s Laggard Royal Dutch Shell Plc Snap Back Next Year?

I believe that Shell still has much further to fall. By Royston Wild – Tuesday, 8 December, 2015 It has been a few months in coming, but crude oil prices finally crashed to fresh nadirs at the start of this week. The Brent benchmark toppled all the way back to within a whisker of $41 […]

Oil producers prepare for prices to halve to $20 a barrel

Larry Elliott Economics editor: Tuesday 8 Dec 2015 19.40 GMT The world’s leading oil producers are preparing for the possibility of oil prices halving to $20 a barrel after a second day of financial market turmoil saw a fresh slide in crude… FULL ARTICLE

OPEC Won’t Cut Drilling, and Prices Plunge 5%

By CLIFFORD KRAUSS: A version of this article appears in print on December 8, 2015, on page B1 of the New York edition HOUSTON — Crude oil prices slid a further 5 percent on Monday to fall to their lowest levels since the 2009 global recession, pummeled by the fading chance that Saudi Arabia would cut […]

Opec keeps pumping, hiking dividend pressure on BP and Shell

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OPEC ‘dead’ as oil countries go it alone on price and production

December 7, 2015 OPEC has abandoned all pretence of acting as a cartel. It’s now every member for itself. At a chaotic meeting Friday in Vienna that was expected to last four hours but extended to nearly seven, the Organisation of Petroleum Exporting Countries tossed aside the idea of limiting production to control prices. Instead, it […]

As Oil Keeps Falling, Nobody Is Blinking

By ERIN AILWORTH and BRADLEY OLSON Dec. 6, 2015 6:56 p.m. ET The standoff between major global energy producers that has created an oil glut is set to continue next year in full force, as much because of the U.S. as of OPEC. Exporting Countries on Friday again declined to reduce their near-record production of crude. With no end in […]

Despite Climate Concerns, OPEC Plans to Keep Pumping Oil While It Can

By STANLEY REED and SARA HAMDAN: A version of this article appears in print on December 5, 2015, on page B1 of the New York edition VIENNA — Even as United Nations climate-conference delegates met near Paris on Friday seeking ways to reduce the globe’s dependence on high-carbon fuels like oil, some of the world’s biggest […]

Oil majors BP and Royal Dutch Shell spring a leak after Middle East oil cartel Opec fails to slash production

By PHILIP WALLER FOR THE DAILY MAIL PUBLISHED: 21:50, 4 December 2015 Oil majors sprang a leak but airlines flew higher after Middle East oil cartel Opec failed to slash production. Shares in BP fell 8.85p to 359.7p and Royal Dutch Shell surrendered 29.5p to 1599.5p as the oil-producing club opted to keep pumping near-record […]

Paralysed Opec pleads for allies as oil price crumbles

By Ambrose Evans-Pritchard: 04 Dec 2015 The Opec cartel is to continue flooding the world with crude oil despite a chronic glut and the desperate plight of its own members, demanding that Russia, Kazakhstan and other producers join forces before there can be output cuts. Brent prices tumbled almost $2 a barrel to $42.90 as traders […]

Oil Majors Queue in Iran as $30 Billion of Projects in Play

by Golnar Motevalli, Anthony Dipaola and Hashem Kalantari: November 28, 2015: Bloomberg.com Shell, Total, Lukoil interested in specific Iranian fields Iran seeks to sign first oil development deal in March, April Total SA, Royal Dutch Shell Plc and Lukoil PJSC are among international companies that have selected oil and natural gas deposits to develop in Iran as the holder […]

How Much Further Do BP plc And Royal Dutch Shell Plc Have To Fall?

By Royston Wild – Thursday, 26 November, 2015 To say that 2015 has represented another ‘annus horribilis’ for the oil industry would be something of a colossal understatement. Of course the year has yet to run its course, and the fossil fuel sector will be pinning their hopes on a ‘Santa Rally’ to put down […]

Questor delivers a damning verdict of the proposed Shell BG merger

An Opec meeting on December 5 could send oil price even lower and sound the ‘death knell’ for the deal. ‘If oil prices remain at these deeply depressed levels, then it could bring nothing but disaster. The famous Shell dividend could be cut, investors will be diluted and the shares would become a riskier prospect,’ […]

Questor share tip: Shell should walk away from BG

The FTSE 100 oil major has endured a turbulent year after announcing its offer for rival BG, says Questor. By John Ficenec, Questor Editor: 22 Nov 2015 SHELL’S [LON:RDSB] deal to buy gas group BG makes perfect sense on paper. But if oil prices remain at these deeply depressed levels, then it could bring nothing but […]

Goldman eyes $20 oil as glut overwhelms storage sites

By Ambrose Evans-Pritchard: 20 Nov 2015 The world is running out of storage facilities for surging supplies of oil and may soon exhaust tanker space offshore, raising the chances of a violent plunge in crude prices over coming weeks, experts have warned. Goldman Sachs told clients that the increasing glut of oil on the global market […]

BP and Shell slip up on Crude bottom

ROYAL Dutch Shell and BP are set to blame the weak oil price for dramatic falls in third-quarter pre-tax profits and revenues, analysts say. By GEOFF HO: Sun, Oct 25, 2015 The price of crude oil has nearly halved over the past 12 months because of a Saudi Arabia-led effort by the Opec cartel to crush […]

Why We Believe Shell’s Stock Is Worth $62

Trefis Team, CONTRIBUTOR: Oct 16, 2015 Royal Dutch Shell Plc. is one of the world’s leading oil & gas companies with operations all across the globe. The company has been hit hard by the current downtrend of low crude oil prices and its average price realizations in both upstream and downstream segments have suffered as […]

Shell pledges to keep dividend despite slump in oil prices

If the oil price stays low, Shell’s van Beurden may have to eat his words Photo: AFP By Andrew Critchlow, Commodities editor: 06 Oct 2015 Royal Dutch Shell has reassured investors that it will maintain its dividends regardless of a prolonged slump in oil prices below $50 per barrel. Chief executive Ben van Beurden, speaking at the […]

Shell CEO sees first signs of oil price recovery

Business News | Tue Oct 6, 2015 Oil markets are beginning to recover but the scale of global oversupply means prices may rise only slowly, the chief executive of Royal Dutch Shell Plc (RDSa.L) said on Tuesday. “I see the first mixed signs for recovery of oil prices,” Ben van Beurden told an oil industry […]

Premium Times: Former Shell Executive Director Arrested in London on Corruption Allegations Involving Over $20bn

  …former board member of Shell Petroleum Development Company of Nigeria… By Bassey Udo: 4 Oct 2015 The Nigerian presidency has confirmed the arrest of a former Petroleum Minister, Diezani Alison-Madueke, in London, over allegations of corruption and money laundering. “The government is aware of the arrest and all the government investigative agencies are working very […]

Shell’s Exit From Arctic Oil Drilling

LETTER TO THE EDITOR OF THE NEW YORK TIMES “I am hesitant to pop open the Champagne quite yet…” To the Editor: Re “Shell Pulls Plug on Exploration in Alaska Arctic” (front page, Sept. 29): While the news that Shell has decided to pull out of its controversial Arctic oil exploration effort is cause for […]

Volatile’ oil price hard to predict, says Shell boss

Royal Dutch Shell chief executive Ben van Beurden has told the BBC a recovery in the price of oil is hard to foresee. “It is a very, very volatile business in terms of supply and demand. The oil price responds to very small mismatches between supply and demand,” he told BBC Radio 4’s Today programme. […]

Analysts predict oil price plunge: Oversupply could drive Brent Crude to $20, warns Goldman Sachs

By LAURA CHESTERS FOR THE DAILY MAIL: 11 September 2015 The price of oil could fall as low as $20, Goldman Sachs warned last night. As fears about China’s growth continued, the Wall Street giant’s stark analysis of the global crude market pummelled prices again yesterday. The price of Brent Crude fell more than 2 per […]

Exxon Mobil Corporation, Chevron Corporation, BP And Royal Dutch Shell Face Challenging Dividend Environment

Bidness Etc sheds light on the challenges for companies like Exxon, Chevron, BP, Royal Dutch Shell, and Total SA in sustaining dividend payouts amidst depressed crude oil prices By: MICHEAL KAUFMAN: Sep 1, 2015  Crude prices have dropped more than 50% since the highs of June last year, following weak Chinese demand and a global supply […]

Oil at rock bottom: Is your portfolio at risk?

Among individual oil producers, the biggest on the market is Royal Dutch Shell, and its share price has unsurprisingly performed terribly in the last year. The shares have fallen 36 per cent since last August… by Annabelle Williams: 26 August 2015 Shares in energy companies have plummeted – should investors be buying? OIL PRICES have fallen […]

Opec powerless to halt oil price slide, warns former group president

Opec veteran says that current oil prices slump has exceeded the worst expectations of the group By Andrew Critchlow, Commodities editor: 24 Aug 2015 Opec is powerless to arrest the slide in oil prices unless producers outside the group such as Russia match any cuts in output, according to a former president of the group. ‘Black […]

Iran to Raise Oil Output ‘at Any Cost’ to Defend Market Share

U.S. benchmark West Texas Intermediate crude fell to less than $40 a barrel for the first time in more than six years in New York trading on Friday. Anthony Dipaola and Hashem Kalantari: BLOOMBERG.COM: 23 AUGUST 2015 Iran plans to raise oil production “at any cost” to defend the country’s market share and joins calls for […]

BG Group Profits Crash By 65%

By LAURA CHESTERS FOR DAILY MAIL The oil price rout found new victims on both sides of the Atlantic yesterday as BG Group and Chevron revealed profits had tanked. BG, which is in the process of being sold to Royal Dutch Shell, reported a 65 per cent fall in second quarter profit to £275.5million, while […]

We are engaged, Shell says after Iranian deal

“Shell continues to comply with all relevant international sanctions” By Daniel J. Graeber DUBAI, United Arab Emirates, July 14 (UPI) — With a nuclear deal in hand, Royal Dutch Shell said Tuesday it’s exploring the “immediate and long-term” implication of an opening Iranian oil door. Representatives from the five permanent members of the U.N. Security […]

Royal Dutch Shell CEO Blames Saudi Arabia For Slowed US Shale Growth

Bidness Etc takes a look at how Saudi Arabia led to slowed growth of the US shale oil industry By: MICHEAL KAUFMAN: Published: Jul 2, 2015 at 9:37 am EST The Organization of Petroleum Exporting Countries (OPEC), led by Saud Arabia, usually monitors the crude oil supplies and prices prevailing in the market. The US energy […]

Shell Chief says U.S. shale producers under pressure from Saudi Arabia -FT

Wed Jul 1, 2015 OPEC’s decision, led by Saudi Arabia, to not cut oil production has put pressure on U.S. shale gas producers which in turn has put brakes on America’s energy boom, the chief executive of Royal Dutch Shell Plc said in an interview with the Financial Times published on Wednesday. Ben van Beurden […]

U.S. Ousts Russia as Top World Oil, Gas Producer

Article by Rakteem Katakey published 10 June 2015 by Bloomberg.com The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields. U.S. oil production rose to a record last year, gaining 1.6 million barrels a day, according […]

BP sees ‘tectonic shift’ in world energy production

BP sees ‘tectonic shift’ in world energy production Oil giant’s chief economist says energy consumption slowed dramatically last year as China cutback and Opec battled US shale drillers for supremacy of world markets By Andrew Critchlow, Commodities editor:10:00AM BST 10 Jun 2015 Global energy consumption slowed to its slowest rate of growth since the late […]

Saudi Arabia Lets The World Drown In Oil

Article by Nathan Vardi: Forbes Staff: Friday 5 June 2015 To the surprise of nobody, Saudi Arabia and the other OPEC member states decided in Vienna on Friday to maintain production targets of 30 million barrels a day, making sure the world remains flooded with oil. The fact that OPEC—particularly the core countries of Saudi Arabia, […]

Shell CFO Expects Oil Rebound as Shale Fails to Fill Supply Gap

Article by Firat Kayakiran and Jonathan Ferro published 3 June 2015 by Bloomberg.com Royal Dutch Shell Plc sees oil prices increasing because supply from shale drilling in the U.S. won’t be enough to meet increasing global demand. The industry needs to find an additional 4 million barrels to 5 million barrels a day of supply every year to […]

Prices Are Down, but Saudis Keep Oil Flowing

Article by CLIFFORD KRAUSS and STANLEY REED published 1 June 2015 in the New York edition of The New York Times under the headline Prices Are Down, but Saudis Keep Oil Flowing HOUSTON — The international cartel of oil producers has long followed the same basic strategy. When the market was soft, the group slashed production […]

Opec under siege as Isil threatens world’s oil lifeline

Opec under siege as Isil threatens world’s oil lifeline By Andrew Critchlow: 30 May 2015 Thick black smoke rising from the Baiji oil refinery could be seen as a dirty smudge on the horizon as far away as Baghdad after fighters from the Islamic State of Iraq and the Levant (Isil) set fire to the enormous […]

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