Annual profits top $36bn at ExxonMobil

2nd Feb 2024 10:30

(Sharecast News) - ExxonMobil posted above-forecast earnings on Friday, as increased production helped offset a decline in energy prices.

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London close: Stocks turn lower as BoE keeps rates on hold

1st Feb 2024 16:48

(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.

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Shell to buy back more shares as quarterly income slides

1st Feb 2024 07:26

(Sharecast News) - Shell reported a 93% fall in income attributable to shareholders in its fourth quarter on Thursday, to $474m, with the full-year figure sliding 54% to $19.36bn.

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Thursday preview: Bank of England, Shell in the spotlight

31st Jan 2024 13:33

(Sharecast News) - All eyes in the first trading session of February will be on the Bank of England.

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Shell to sell Nigerian business for up to $2.4bn

16th Jan 2024 10:23

(Sharecast News) - Shell said on Tuesday that it has agreed to sell its Nigerian onshore subsidiary, SPDC, to local consortium Renaissance for up to $2.4bn.

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London close: Stocks rise on positive UK economic data

12th Jan 2024 15:39

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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London close: Stocks manage positive finish after mixed session

8th Jan 2024 16:38

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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Shell flags impairments of up to $4.5bn

8th Jan 2024 08:25

(Sharecast News) - Energy giant Shell flagged fourth-quarter impairments of up to $4.5bn on Monday, primarily in its chemicals and products division.

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London close: Stocks rise as US jobless claims slow

4th Jan 2024 13:07

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

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London close: Stocks rise as UK inflation slows further

20th Dec 2023 15:05

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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Shell to sell 37.5% stake in PCK Schwedt to Prax Group

15th Dec 2023 13:23

(Sharecast News) - Shell said on Friday that it has agreed to sell its 37.5% stake in German oil refinery PCK Schwedt the UK's Prax Group for an undisclosed sum.

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London close: Stocks finish weaker as commodities drag

4th Dec 2023 15:46

(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.

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London close: Stocks mixed after US, Europe inflation data

30th Nov 2023 15:16

(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.

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London close: Stocks make small gains on quiet Thursday

23rd Nov 2023 16:09

(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.

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Sector movers: Oil stocks skid after OPEC+ surprise

22nd Nov 2023 18:56

(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350.

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