BP, Shell, Chevron shares on edge as Morgan Stanley slashes oil forecast
Global energy stocks have pulled back in the past few days as crude oil and natural gas prices slumped, and this trend may continue after Morgan Stanley warned of a global glut. Shell share price plunged to 2,900p on Monday, its lowest level since February, and 20% from the year-to-date high.
Here's Why Shell (SHEL) is a Strong Value Stock
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Shell (SHEL) Sees a More Significant Dip Than Broader Market: Some Facts to Know
The latest trading day saw Shell (SHEL) settling at $77.7, representing a -2.28% change from its previous close.
Shell Signals Strategic Reset With $1 Billion Wind Asset Sale
SHEL explores a $1 billion wind asset sale as it sharpens its focus on higher-return businesses and reshapes its energy transition strategy.
Shell (SHEL) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, Shell (SHEL) stood at $82.61, denoting a -3.56% move from the preceding trading day.
Shell Halts $3B Buybacks as ARC Acquisition Deal Advances
SHEL halts its $3 billion buyback program as it pursues the $16.4 billion ARC acquisition.
BP and Shell shares slide as US-Iran 'framework deal' sees crude oil prices ease
UK oil majors fell sharply in early trading as crude prices tumbled on hopes that a US-Iran agreement will reopen the Strait of Hormuz and ease pressure on global energy supplies. BP PLC (LSE:BP.
Shell's Venezuela Return Gains Momentum With Loran Gas Deal
SHEL deepens its Venezuela presence through key oil and gas agreements, positioning itself at the center of major offshore gas exports.
Shell Teams Up With Kazakhstan to Advance Geoscience Platform
SHEL teams with Kazakhstan on a digital geoscience platform to unlock exploration potential, modernize data analysis and support energy investment.
Shell: Turnaround Efforts Showed In The First Quarter Report
Shell (SHEL) delivered its strongest quarterly earnings in two years. Recent acquisition of ARC Resources and divestitures of underperforming assets underpin a focus on margin expansion and downside protection. Short-term production losses from Middle East disruptions are expected to be offset by upcoming growth projects.
Shell Backs Raizen's $12.6B Restructuring to Drive Recovery
SHEL is reinforcing its commitment to Raizen with fresh capital support as the Brazilian biofuels giant undertakes a record debt restructuring.
Shell-Backed Raizen Streamlines Portfolio With Argentina Asset Sale
SHEL-Cosan JV Raizen's $1.42 billion Argentina divestment sharpens portfolio focus, strengthens financial flexibility and supports disciplined growth.
