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Shell Advances Share Buy-Back Programme
Express News | Shell (SHEL.N): At present, Hurricane Belir has no other impact on our production in the Gulf of Mexico.
Market concerns are being triggered by the poor implementation of production cuts. OPEC+ urges member countries to make up for quota cheating.
In the effort to support the global oil market, OPEC+ is pushing member countries to make up for cheating on supply quotas. However, there is little indication that they are changing.
Investors Met With Slowing Returns on Capital At Shell (LON:SHEL)
Shell (SHEL) Hits Pause on Major Biofuels Plant in Europe
Saudi Arabia's non-oil PMI index in June hit a new two-year low, while the UAE hit a new 16-month low.
1. In Saudi Arabia, the non-oil private sector PMI index fell to 55.0 in June, the lowest level since January 2022; 2. In the UAE, the growth of non-oil private sector has slowed to a 16-month low.