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Shell Newsroom
BMI Predicts Decline In Oil Prices, Citing OPEC+ And US Election
OPEC+ has extended the duration of production cuts, the decrease in supply is helping the oil price bottom rebound.
The overall trend of crude oil is showing a volatile upward trend. The average price of WTI this week is $70.78 per barrel, up $1.75 per barrel, or 2.53%, from the previous week. During the week, the main factors boosting oil prices include: OPEC+ extending production cuts, hurricanes leading to a reduction in US oil production, and ongoing uncertainty in the Middle East geopolitical situation. The main factors putting pressure on oil prices include: EIA's increase in crude oil and petroleum product inventories.
Oil Prices Rise As Investors Weigh US Election Impact And Supply Disruptions
Shell Launches Major Share Buy-Back Initiative
Oil Edges Higher Ahead of Fed Decision -- Market Talk
Shell's Profit Surge Met With Spooky Protest Over Environmental Impact
Commodity Roundup: Oil Prices Down, Gold Steadies as Focus Shifts to Fed Rate Decision
Shell's Rheinland Refinery to Be Transformed to Produce Base Oils
WTI Price Forecast: Breaks Below $71.50, Ascending Channel Pattern
There May Be Reason For Hope In Shell's (LON:SHEL) Disappointing Earnings
Oil Prices Fall As Strong US Dollar And Trump's Victory Shift Market Dynamics
Oil Market Turns Volatile Figuring Out Trump Trade -- Market Talk
Update: WTI Crude Falls as the Dollar Surges Following Donald Trump's Re-Election as U.S. President
Oil Fluctuates as Traders Gauge Effects of Trump's Election Win
US Total Crude Oil Stocks Rise in Week Ended Nov. 1
Dollar Surges Against Pound as Trump Claims Victory in US Elections
Buy Recommendation for Shell: Strategic Growth, LNG Leadership, and Sustainable Investment Drive Long-term Shareholder Value
Oil Falls as Trump Win Projections Boost U.S. Dollar
Shell Hits 4-week High
Oil Holds Gains as Traders Gird for US Election, Storm Rafael