Short interest in Shell PLC (NYSE:SHEL) increased during the last reporting period, rising from 12.25M to 21.22M. This put 1.38% of the company's publicly available shares short. Based on the recent ...
Shell has revealed a surge in quarterly profits on the back of the Middle East conflict but also given an update on costly war damage to its output. The oil and gas firm reported net profits of $6.9bn ...
Massive supply gap: Shell warns the war has left the world short 1 billion barrels of oil, with other industry leaders backing the estimate. Prices may surge: JPMorgan and Goldman Sachs see ...
Oil giant Shell posted bumper profit of $6.92 billion through the first quarter as the Iran war sent fossil fuel prices soaring. The London-listed energy major cut the pace of its quarterly buyback to ...
LONDON, May 7 (Reuters) - Shell's (SHEL.L), opens new tab first-quarter profit beat estimates and hit its ‌highest in two years at $6.9 billion on Thursday, boosted by gains linked to the Middle East ...
Shell CEO Wael Sawan said it will take a long time to recover the supply lost due to the Iran war. Demand for jet fuel in the airline industry has been curtailed around 5%, Sawan said. Oil executives ...
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals. By Gregory Schmidt and Rebecca F.
Raizen to sell Argentina downstream business to Mercuria for $1.42 billion Brazilian sugar and ethanol producer Raizen said on Thursday its subsidiary Raizen Energia had agreed ‌to sell its downstream ...
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Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits Business live – latest updates Shell has reported better than expected profits of $6.9bn (£5bn) after its oil ...
Shell and other energy companies are warning about the impact of the Middle East conflict. High oil prices and fuel shortages are good news for these three companies.