London close: Stocks buoyed by solid economic data
15th Aug 2024 15:30
(Sharecast News) - London stocks ended Thursday on a positive note, buoyed by data confirming expected growth in the UK economy for the second quarter.
Read moreOPEC trims oil demand growth forecasts for 2024 and 2025
12th Aug 2024 13:25
(Sharecast News) - The Organisation for Petroleum Exporting Countries trimmed its forecast for oil demand growth in 2024.
Read moreLondon close: Stocks slide as Bank of England trims rates
1st Aug 2024 16:09
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Read moreShell Q2 earnings beat expectations, $3.5bn share buyback launched
1st Aug 2024 07:54
(Sharecast News) - Oil giant Shell reported better-than-expected earnings for the second quarter on Thursday as it announced a $3.5bn share buyback.
Read moreLondon close: Stocks finish higher as miners pace gains
31st Jul 2024 15:04
(Sharecast News) - London's stock markets ended the day with strong gains on Wednesday, driven by robust performances in the mining and energy sectors.
Read moreLondon close: Stocks finish mixed at start of busy week
29th Jul 2024 15:35
(Sharecast News) - London stocks closed with mixed results on Monday, reflecting a cautious market sentiment ahead of a busy week of earnings reports and crucial policy announcements from major central banks on both sides of the Atlantic.
Read moreDrivers pay £1.6bn too much in weak petrol market - CMA
26th Jul 2024 07:16
(Sharecast News) - The Competition and Markets Authority (CMA) reported on Friday that weakened competition among fuel retailers had led to UK drivers paying over £1.6bn more than they should have in 2023.
Read moreLondon close: Stocks slip as investors digest Powell's comments
9th Jul 2024 15:24
(Sharecast News) - London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.
Read moreWood Group wins six-year contract at Shell Prelude facility
9th Jul 2024 07:17
(Sharecast News) - Engineering and consulting firm Wood Group has signed a six-year contract with energy giant Shell to provide brownfield engineering, procurement, and construction management solutions.
Read moreLondon close: Stocks mixed as PM Starmer names his Cabinet
5th Jul 2024 16:35
(Sharecast News) - London's stock markets ended the week on a mixed note on Friday, after a subdued response to Labour's general election victory, although housebuilders and the more domestically-focussed FTSE 250 made gains.
Read moreShell updates market on second-quarter outlook
5th Jul 2024 07:03
(Sharecast News) - Oil and gas giant Shell is bracing for a financial impact of up to $2bn (£1.6bn), it revealed on Friday, following its decision to halt construction on a major biofuels plant and sell a refinery in Singapore.
Read moreShells pauses construction of Netherlands biofuels facility
2nd Jul 2024 07:40
(Sharecast News) - Shell said on Tuesday that it has temporarily paused construction of a biofuels facility in the Netherlands.
Read moreOPEC keeps global oil demand forecasts unchanged
11th Jun 2024 13:31
(Sharecast News) - The Organisation of the Petroleum Exporting Countries kept its short-term global oil demand forecasts unchanged.
Read moreSector movers: Oil majors catch a bid after nearly a month of share price declines
10th Jun 2024 23:46
(Sharecast News) - Oil & Gas shares caught a bid on Monday, tracking a rebound in oil prices after about two month's of losses, despite strength in the Greenback.
Read moreSector movers: Miners, Big Oil weigh on FTSE 350
4th Jun 2024 17:03
(Sharecast News) - Commodity related stocks were the chief drag on the FTSE 350 amid a combination of growth concerns and risk aversion.
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