focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksShell Share News (SHEL)

Share Price Information for Shell (SHEL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,829.00
Bid: 2,826.50
Ask: 2,827.00
Change: -40.00 (-1.39%)
Spread: 0.50 (0.018%)
Open: 2,849.00
High: 2,850.50
Low: 2,799.50
Prev. Close: 2,869.00
SHEL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Europe's main energy stocks index hits highest since 2008

Fri, 12th Apr 2024 11:47

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

The STOXX Europe 600 Oil & Gas index rose around 2%, led by increases for BP, Shell, Siemens Energy and TotalEnergies among others.

Global oil major BP was among the top gainers, climbing more than 3% after Reuters reported that UAE's state-owned oil company recently considered buying BP but that the deliberations did not progress beyond preliminary discussions.

In addition, shares of Shell, TotalEnergies, and Subsea 7 notched all-time highs on Friday. The overall index has gained nearly 10% so far this year.

Charles Hall, head of research at brokerage Peel Hunt, attributed the gains to greater turbulence in the global economy. "Compared to two months ago, you've got oil prices higher and you've got a whole load of macro things, and you've got the potential of a black swan event."

Oil prices have been supported near a six-month high this week as heightened tensions in the Middle East raise the risk of supply disruptions from the oil-producing region.

Polish refiner Orlen was Friday's biggest loser on the index, with shares down about 0.6% on reports that Poland's special services are investigating if an Orlen subsidiary breached sanctions on the import of oil from Russia or Iran. (Reporting by Deep Vakil in Bengaluru and Ron Bousso in London; Editing by Hugh Lawson)

More News
3 May 2024 11:44

Shell's Q1 performance "encouraging", says RBC

(Sharecast News) - RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.

Read more
3 May 2024 11:00

US stands to lose Canadian natural gas when LNG Canada terminal starts up

May 3 -

Read more
3 May 2024 09:14

LONDON BROKER RATINGS: Jefferies cuts AJ Bell; Deutsche likes ConvaTec

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
2 May 2024 19:49

Shell smashes forecasts with $7.7 bln quarterly profit

Shell announces further $3.5 bln in buybacks

*

Read more
2 May 2024 18:40

Europe Gasoline/Naphtha-Gasoline cracks dip despite European stock draw

LONDON, May 2 (Reuters) - Northwest European gasoline refining margins slipped to $21.67 a barrel on Thursday, even as European gasoline stocks dipped and oil edged back toward seven-week lows.

Trade    Bid      Offer    Prev.    Buyer    Seller
Ebob $915
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob
Barges
E10
Platts(fo
b ARA)
Ebob $896-$8 $905.25 Litasco Gunvor,
Barges 99 -906 , Exxon,
Argus (8KT) (8KT) Shell, Mabanaf
E5(fob Glencor t
AR) e
Ebob $883-$8 $887.75 Shell, Varo,
Barges 84 (6KT) Exxon, Totsa
E10 Argus (10KT) Musket
(fob AR)
May swap $865.25 $875
(fob ARA)
Premium 885.00- $902-90 Litasco Trafigu
Unleaded $888.50 5 (5 , Varo, ra,
(fob ARA) (21 barges) Vitol Gunvor
<PU-10PP- barges)
ARA>
Cargoes May
(fob MED) +$15
Cargoes
(cif NEW)
Naphtha May +$6
(cif NEW)
<NAF-C-NW
E>

Ebob crack (per barrel) $21.674 Prev. $23.184
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Noah Browning;Editing by Elaine Hardcastle)

Read more
2 May 2024 17:06

FTSE 100 boosted by strong earnings from Shell, StanChart

StanChart jumps after posting a 5.5% rise in pretax profit

*

Read more
2 May 2024 16:07

London close: Stocks rise on back of well-received earnings

(Sharecast News) - London's stocks finished with gains on Thursday, fuelled by strong performances from key players like Standard Chartered and Smurfit Kappa.

Read more
2 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 shines but "mixed feelings" after Fed

(Alliance News) - London's FTSE 100 was solidly higher on Thursday, outperforming European peers, as earnings from the likes of Shell and Standard Chartered impressed.

Read more
2 May 2024 08:44

TOP NEWS: Shell launches fresh buyback as lower earnings top forecasts

(Alliance News) - Shell PLC on Thursday announced a new USD3.5 billion share buyback, alongside lower first quarter earnings which nonetheless beat market expectations.

Read more
2 May 2024 08:44

LONDON MARKET OPEN: FTSE 100 up as Powell keeps lid on hawkishness

(Alliance News) - London's FTSE 100 opened in the green on Thursday, with markets breathing a sigh of relief after Federal Reserve Chair Jerome Powell came across less hawkish than some feared.

Read more
2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came across less hawkish than feared.

Read more
2 May 2024 07:04

Shell Q1 beats estimates as profit hits $7.7bn, launches $3.5bn buyback

(Sharecast News) - Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.

Read more
2 May 2024 05:30

Intervene, rinse, repeat

A look at the day ahead in European and global markets from Tom Westbrook

Sudden yen rallies and a 5.5 trillion yen ripple in Japan's money markets seem to put us in the midst of another round of intervention. The latest yen surge came in the thin morning of the Asia day, an hour after daybreak in Wellington.

Read more
1 May 2024 18:30

Sector movers: Oil, Autos drag on FTSE 350

(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.

Read more
1 May 2024 18:17

Europe Gasoline/Naphtha-Gasoline cracks rise despite surprise US stock build

LONDON, May 1 (Reuters) - Northwest European gasoline refining margins rose by 80 cents to $23.03 a barrel on Wednesday, even as U.S. gasoline stocks registered a surprise build in the week to April 26 according to the Energy Information Administration (EIA).

Trade    Bid      Offer    Prev.    Buyer    Seller
Ebob $915
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob
Barges
E10
Platts(fo
b ARA)
Ebob $905.25 $928.50 Litasco Gunvor,
Barges -906 , , Shell Varo,
Argus (8KT) $932.25 ExxonMo
E5(fob bil
AR)
Ebob $887.75 $917.50 Phillip Varo,
Barges (6KT) , s 66, Mabanaf
E10 Argus $925.50 Musket t
(fob AR)
May swap $875 $914
(fob ARA)
Premium $902-90 $923-$9 Varo Trafigu
Unleaded 5 (5 25 ra,
(fob ARA) barges) Gunvor
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NEW)
Naphtha May
(cif NEW) flat
<NAF-C-NW
E>

Ebob crack (per barrel) $23.03 Prev. $22.23
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Robert Harvey Editing by Mark Potter)

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.