Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season.
Shellâ s (LSE: SHEL) share price has tracked oil prices lower recently, which might mean the stock is a bargain now. Whether it is depends not on the price itself, but on how much value remains in the ...
European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...
The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...
Shares in Shell fell 3.3% and BP was down 3.2% as the oil price fell - reducing the value of the two FTSE 100 firms by £5.2bn and £2.1bn respectively.