Brent jumps as OPEC+ surprises, stands pat on output

4th Oct 2021 16:09

(Sharecast News) - Crude oil futures hit seven-year highs after OPEC+ nixed talks of a supply increase at their ministerial meeting.

Read more

Oil passes $80 per barrel for first time in three years

28th Sep 2021 11:39

(Sharecast News) - Benchmark oil prices have pushed past $80 a barrel for the first time in three years, as concerns about possible shortages grow.

Read more

Push for 'net zero' emissions could have significant impact on inflation, Capital Economics says

28th Sep 2021 10:47

(Sharecast News) - The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly those changes are implemented, economists said.

Read more

Shell agrees $9.5bn Permian Basin deal with ConocoPhillips

21st Sep 2021 11:23

(Sharecast News) - Royal Dutch Shell is to exit the Permian Basin after striking a $9.5bn deal with US major ConocoPhillips.

Read more

London close: Oil majors buoy top-flight index even as CPI spikes

15th Sep 2021 16:15

(Sharecast News) - London's top-flight index outperformed on Wednesday, buoyed by gains for index heavyweights BP and Royal Dutch Shell on the back of fast-rising energy prices globally.

Read more

Sunday newspaper round-up: Ryanair, China's central bank, IAG

12th Sep 2021 13:47

(Sharecast News) - Ryanair boss Michael O'Leary has warned that airfares will be "dramatically higher" next summer as passengers rush to return to Europe for their holidays. The outspoken airline chief executive said huge demand for holidays would coincide with fewer flights, which would mean a spike in prices for holidaymakers - not just for flights, but also for hotels. - Sunday Times

Read more

Morgan Stanley downgrades US equities to 'underweight', says growth pessimism excessive

7th Sep 2021 12:58

(Sharecast News) - Equity strategists at Morgan Stanley downgraded their recommendation for US stocks ahead of the final stages of what they termed a mid-cycle transition.

Read more

Berenberg says 'buy' energy, highlights Shell

23rd Aug 2021 13:44

(Sharecast News) - Strategists at Berenberg recommended clients buy energy stocks, pointing to their attractions as 'value' plays, "strong" balance sheets and surplus free cash flow to back up their thesis.

Read more

US calls on OPEC+ to raise crude oil output further

11th Aug 2021 12:56

(Sharecast News) - The Biden administration is set to call on OPEC+ to raise crude oil production further in order to lower prices at the pump.

Read more

Berenberg on Shell stays at 'buy' on Shell after 'strong' Q2 numbers

30th Jul 2021 14:41

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation for shares of Royal Dutch Shell following the outfit's second quarter numbers.

Read more

Friday broker round-up

30th Jul 2021 12:50

(Sharecast News) - Royal Dutch Shell: Berenberg keeps at'buy' but raises target price from 1,570.0p to 1,720.0p.

Read more

Shell beats on Q2 profits, announces $2.0bn share buyback

29th Jul 2021 07:56

(Sharecast News) - All of Royal Dutch Shell's key financial metrics headed in the right direction over the second quarter, with the company announcing a dividend increase and share buyback programme as a result.

Read more

JP Morgan raises year-end 2021 target for S&P 500

20th Jul 2021 17:48

(Sharecast News) - Strategists at JP Morgan raised their year-end target for the S&P 500 and told clients that they did not anticipate that the Delta Covid-19 variant would derail the reopening of economies.

Read more

Monday broker round-up

19th Jul 2021 13:40

(Sharecast News) - BP: Morgan Stanley stays at 'underweight' and revises target price from 285.0p to 305.0p.

Read more

Broker tips: Royal Dutch Shell, Travis Perkins, Fresnillo

19th Jul 2021 13:25

(Sharecast News) - Analysts at Morgan Stanley reiterated their 'overweight' stance on shares of Royal Dutch Shell in anticipation of share buyback announcements and higher dividend payouts from the oil major.

Read more