Scotiabank Maintains Shell(SHEL.US) With Buy Rating, Maintains Target Price $95
Scotiabank analyst Paul Cheng maintains $Shell(SHEL.US)$ with a buy rating, and maintains the target price at $95.According to TipRanks data, the analyst has a success rate of 49.1% and a total averag
Crude Oil Slides as Gaza Ceasefire Talks Trump Hurricane Beryl Threat
Shell (SHEL) Receives a Buy From Scotiabank
Goldman Sachs: Hedge funds buy csi commodity equity index stocks at the fastest rate in five months.
According to Wisdom Finance APP, a Goldman Sachs report shows that hedge funds bought commodity-sensitive stocks at the fastest pace in five months until July 5th. Last week, energy stocks such as Chevron (CVX.US), Exxon Mobil (XOM.US), and Shell (SHEL.US) fell due to the impact of tropical storm Beril on the Caribbean region. However, energy and raw material stocks were one of the most heavily bought sectors by Goldman Sachs' institutional brokerage department last week. The department tracks the trading activity of hedge funds. Goldman Sachs stated that oil and gas companies, container and packaging companies, metal and mining companies were attractive.
Fed's Powell, Inflation Data, Earnings Can Cement a September Rate Cut. Here's Why.
Shell's Strong Financials and Strategic Execution Underpin Buy Rating
The four major energy giants will share 40% equity in the Ruwais LNG project owned by ADNOC, and fuel production in the UAE will double and soar.
According to insider sources, ADNOC has decided to distribute 40% of its shares in the Ruwais LNG project to the world's four major energy giants.
Barclays Sticks to Its Buy Rating for Shell (UK) (SHEL)
Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.
JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.
Crude oil product analysis at noon: Brent crude oil futures prices fell, with limited impact from the storm.
Hurricane Beryl is expected to make landfall in Texas, but the projected path suggests it may not have a significant impact on the oil refining and export industry in the Corpus Christi area. Chevron has begun sending non-essential personnel back to offshore facilities.
Orcadian Energy Reports Delay in Funding From Industry Partner
Orcadian Energy (ORCA.L) reported that it has not yet received the funding it expects from an unnamed industry partner. In a July 5 filing, the oil and gas company said the industry partner is still e
The driving force behind oil prices? Tropical storms hit Texas and oil ports are closed.
Tropical storm 'Beryl' advances into Texas, and some of the largest oil export hubs in the United States are closed.
ADNOC's Ruwais LNG to Earmark 40% Stake to Shell, Total, BP, Mitsui, Sources Say
Kepler Capital Remains a Buy on Shell (UK) (SHEL)
Unusual Options Activity: BCS, DLTR and Others Attract Market Bets, BCS V/OI Ratio Reaches 69.4
EST Jul 5th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends
Sector Update: Energy Stocks Decline Late Afternoon
Energy stocks were in the red late Friday afternoon, with the NYSE Energy Sector Index falling 1.2% and the Energy Select Sector SPDR Fund (XLE) dropping 1.8%. The Philadelphia Oil Service Sector inde
Hurricane Beryl Causes Oil Giants to Evacuate Gulf of Mexico Platforms -- Barrons.com
Avi Salzman Hurricane Beryl made landfall on Mexico's Yucatán Peninsula on Friday, and was traveling toward the Gulf of Mexico, with the potential to hit Texas and other parts of Mexico in the next
Shell, BP and TotalEnergies to Take Stakes in Adnoc's Ruwais LNG Plant - Bloomberg
Sector Update: Energy
Energy stocks were edging higher premarket Friday with the Energy Select Sector SPDR Fund (XLE) recently advancing by 0.1%. The United States Oil Fund (USO) was up 1.1% and the United States Natural G
U.S. stock market preview: Heavyweight news! Non-farm data exceeds expectations, and the three major equity index futures jump; Fed "top three": there is still a long way to go to maintain the 2% inflation target.
The US earnings season will kick off next week, putting the US stock market to the test; the increase in US currency supply indicates a reversal of the concentration trend in the US stock market, and mid-small cap stocks may have opportunities; over 1 million chips will be shipped! Nvidia's sales in China are expected to reach $12 billion this year.