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Oil output from US Gulf and Libya's El Sharara recovering
12 Oct 2020

Oil output from US Gulf and Libya's El Sharara recovering

(Sharecast News) - Crude oil futures slipped lower at the start of the week as production restarted in the US Gulf of Mexico after Hurricane Delta lef...

Morgan Stanley cuts targets for Shell and BP, sees short-term pressure on shares
7 Oct 2020

Morgan Stanley cuts targets for Shell and BP, sees short-term pressure on shares

(Sharecast News) - Analysts at Morgan Stanley said that upside to share prices for for Big Oil stocks was beginning to materialise, even as it warned ...

Sector movers: Big Oil and Mobile Telecommunications pace gains
5 Oct 2020

Sector movers: Big Oil and Mobile Telecommunications pace gains

(Sharecast News) - Cyclicals topped the leaderboard at the start of the week with stocks from the oil patch lending their still considerable heft to t...

Berenberg retains rating on Shell, flags 'challenging' quarter
30 Sep 2020

Berenberg retains rating on Shell, flags 'challenging' quarter

(Sharecast News) - Berenberg has retained its 'hold' rating on Royal Dutch Shell, but warned downgrades to earnings forecasts were likely.

Shell set to unveil job losses - report
29 Sep 2020

Shell set to unveil job losses - report

(Sharecast News) - Royal Dutch Shell is reportedly close to announcing potentially thousands of job cuts as it responds to the global slump in oil pri...

Citi says all not well at Shell, reiterates 'sell' rating
25 Sep 2020

Citi says all not well at Shell, reiterates 'sell' rating

(Sharecast News) - All is not well at Royal Dutch Shell, Citi said as the bank reiterated its 'sell' rating on Britain's biggest oil company.

Libyan oil exports may be set to restart as warring factions agree deal
21 Sep 2020

Libyan oil exports may be set to restart as warring factions agree deal

(Sharecast News) - Libyan oil production and exports from the east of the country are set to restart following a conditional lifting of the blockade i...

IEA cuts forecast for global oil  demand growth in backhalf 2020
15 Sep 2020

IEA cuts forecast for global oil demand growth in backhalf 2020

(Sharecast News) - The International Energy Agency took an axe to its forecasts for global oil demand growth in the backhalf of 2020, even as it warne...