Sector movers: Big Oil and Mobile Telecommunications pace gains
5th Oct 2020 17:09
(Sharecast News) - Cyclicals topped the leaderboard at the start of the week with stocks from the oil patch lending their still considerable heft to the broader advance in financial markets, helped by M&A news around Weir Group and Vodafone.
Read moreBerenberg retains rating on Shell, flags 'challenging' quarter
30th Sep 2020 09:21
(Sharecast News) - Berenberg has retained its 'hold' rating on Royal Dutch Shell, but warned downgrades to earnings forecasts were likely.
Read moreShell set to unveil job losses - report
29th Sep 2020 12:25
(Sharecast News) - Royal Dutch Shell is reportedly close to announcing potentially thousands of job cuts as it responds to the global slump in oil prices and looks to reposition itself as a green energy provider.
Read moreCiti says all not well at Shell, reiterates 'sell' rating
25th Sep 2020 14:57
(Sharecast News) - All is not well at Royal Dutch Shell, Citi said as the bank reiterated its 'sell' rating on Britain's biggest oil company.
Read moreLibyan oil exports may be set to restart as warring factions agree deal
21st Sep 2020 13:41
(Sharecast News) - Libyan oil production and exports from the east of the country are set to restart following a conditional lifting of the blockade imposed by the Libyan National Army under the command of Khalifa Haftar.
Read moreIEA cuts forecast for global oil demand growth in backhalf 2020
15th Sep 2020 12:38
(Sharecast News) - The International Energy Agency took an axe to its forecasts for global oil demand growth in the backhalf of 2020, even as it warned that the world's thirst for oil had, at 91.7m barrels a day, only recovered to its levels from 2013 due to the pandemic.
Read moreSector movers: Oil stocks slip as risk aversion sweeps across energy space
8th Sep 2020 16:19
(Sharecast News) - Oil related stocks were the main drag on London listed stocks on Tuesday, as the sell-off in technology shares Stateside fed into other risk assets, including commodities.
Read moreOil companies to ramp up plastic supply to counter shift to renewable energy
4th Sep 2020 08:27
(Sharecast News) - Oil companies are set to ramp up their plastic production in a move to offset the shift towards renewable energy sources.
Read moreSunday newspaper round-up: NatWest, Rolls Royce, Coronavirus
9th Aug 2020 18:24
(Sharecast News) - NatWest is to push out several top bankers as part of a dramatic overhaul of its investment bank, as new boss Alison Rose attempts to cut ties with its past. The lender formerly known as Royal Bank of Scotland, 62%-owned by taxpayers, is expected to tell staff this week that at least three of its most senior investment bankers will stand down. - Sunday Times
Read moreLibya set to restart oil exports
13th Jul 2020 13:44
(Sharecast News) - Libya is set to resume crude oil exports in the wake of successful talks between the country's two warring factions following talks led by the United Nations and the United States.
Read moreMultibillion-dollar gas projects at risk as fossil fuel market set for collapse
7th Jul 2020 09:27
(Sharecast News) - A multibillion-dollar set of gas projects around the world could be at risk due to the collapse of the fossil fuel markets, said a report by Global Energy Monitor.
Read moreTuesday broker round-up
30th Jun 2020 14:20
(Sharecast News) - Paragon: Canaccord upgrades to buy with a target price of 454.0p.
Read moreEurope open: Upbeat economic data offset Covid-19 worries at quarter's end
30th Jun 2020 10:32
(Sharecast News) - Stocks across the Continent are little changed at the end of the quarter despite the release of some significantly better-than-expected readings on the economy in Europe and from overseas.
Read moreThursday broker round-up
18th Jun 2020 13:55
(Sharecast News) - Carnival: Berenberg downgrades to sell with a target price of 800p.
Read moreGrowth in US oil stockpiles slowed last week, DoE says
17th Jun 2020 18:36
(Sharecast News) - Oil stockpiles in the US rose during the preceding week despite a sharp fall in domestic output, linked to tropical storm Cristobal, and a reduction in net imports.
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