Royal Dutch Shell Plc  .com Rotating Header Image

Many predicting oil prices as low as $40 per barrel

Screen Shot 2014-10-30 at 09.22.43With the oil market appearing set to endure worsening fundamentals over the next few years at least, shareholders could see dividends at Shell come under severe pressure once again.

FROM AN ARTICLE BY ROYSTON WILD PUBLISHED BY THE MOTLEY FOOL ON MON 15 DEC 2014

Headline: Is Royal Dutch Shell Plc Really Robust Enough To Yield 5.4% In 2015?

Extracts

News of a sinking oil price and subsequent dip in investor appetite for the world’s major oil plays like Royal Dutch Shell has dominated the newsflow in recent months.

Concerns over rampant oversupply have pushed crude prices to a string of multi-year lows in recent months, and Brent collapsed to its cheapest since the summer of 2009 at the end of last week around $62.50 per barrel.

Many across the investment community are predicting that prices could even fall as low as $40 per barrel, as abundant supply from the US, combined with subdued demand caused by worsening economic conditions in China and Europe, weighs on prices.

With the oil market appearing set to endure worsening fundamentals over the next few years at least, shareholders could see dividends at Shell come under severe pressure once again.

FULL ARTICLE

RELATED

U.A.E. Sees OPEC Output Unchanged Even If Oil Drops to $40: Bloomberg News 15 Dec 2014

Extract

OPEC will stand by its decision not to cut output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, the United Arab Emirates’ energy minister said.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Many predicting oil prices as low as $40 per barrel”

Leave a Comment

%d bloggers like this: