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Oil futures slip after OPEC says it expects Covid-19 impact to be "mild"
13 Dec 2021

Oil futures slip after OPEC says it expects Covid-19 impact to be "mild"

(Sharecast News) - The Organisation of Petroleum Exporting Countries revised its forecasts for global crude oil demand in 2021 and 2022, but said it e...

Saudi raises crude prices for Asia in January in possible sign of confidence
6 Dec 2021

Saudi raises crude prices for Asia in January in possible sign of confidence

(Sharecast News) - Crude oil futures are trading on the front foot in the early going after Saudi Aramco raised its official selling prices for Asia i...

OPEC+ to raise output, but leaves itself room for manoeuvre
2 Dec 2021

OPEC+ to raise output, but leaves itself room for manoeuvre

(Sharecast News) - The Organisation of the Petroleum Exporting Countries and its allies surprised some oil traders with their decision to go ahead wit...

Shell launches $1.5bn buyback from Permian sale
2 Dec 2021

Shell launches $1.5bn buyback from Permian sale

(Sharecast News) - Royal Dutch Shell has launched a $1.5bn share buyback as the first stage of returning cash to shareholders from the sale of its Per...

Russian energy minister warns against 'hasty' decisions on oil output
29 Nov 2021

Russian energy minister warns against 'hasty' decisions on oil output

(Sharecast News) - Russia's energy minister cautioned on Monday against hasty decisions in the wake of the discovery of the Omicron variant of Covid-1...

Shell to move head office to the UK, drop dual share structure
15 Nov 2021

Shell to move head office to the UK, drop dual share structure

(Sharecast News) - Royal Dutch Shell is to overhaul its complex corporate structure, including shifting its headquarters to the UK and changing its na...

US activist investor calls for break up of Royal Dutch Shell
27 Oct 2021

US activist investor calls for break up of Royal Dutch Shell

(Sharecast News) - Activist US investor Daniel Loeb called for the breakup of Royal Dutch Shell.

Saudi Aramco boss warns of lack of crude oil production capacity
26 Oct 2021

Saudi Aramco boss warns of lack of crude oil production capacity

(Sharecast News) - Saudi Aramco 's boss warned on Tuesday of a lack of crude oil production capacity.