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Why Oil Stocks Are Dropping Today

11:17am, Monday, 21'st Dec 2020
Emergency Use Authorization of a second vaccine isn't enough to give recovery names a boost.
Royal Dutch Shell stock slumped on Monday, as the oil major issued a disappointing update and oil prices tumbled amid fears over a new Covid-19 strain.
In an announcement on Monday, Royal Dutch Shell plc (LON: RDSA) expressed plans of writing down £2.64 billion to £3.39 billion worth of oil and gas assets to combat weaker outlook fuelled by the Cor
Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.
Shell said on Monday it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its a
Shell Oil (RDS.A) closed the most recent trading day at $37.81, moving -1.59% from the previous trading session.
Stock buybacks were a common theme at the tail end of the bull run just before the pandemic took hold of the capital markets. ETF investors looking to capitalize on buybacks, but get international exp
Royal Dutch Shell shares are worth $60 - representing a huge upside from the current price. Shell's actions in April this year are already benefitting the company as management recently decided to res
Royal Dutch Shell Plc experienced a power outage that caused a process upset at multiple units at its Deer Park, Texas, facility, where it operates a 318,000 barrel-per-day joint-venture refinery.
Gains for oil prices boosted heavily weighted oil companies in Europe, helping to lift the FTSE to an outperforming Friday. And traders grow optimistic about a Brexit deal.
Royal Dutch Shell was upgraded to outperform at Bernstein. It's all about dividends and cash flow, say the analysts.
Royal Dutch Shell was upgraded to outperform from market perform at Bernstein Research on attractive cashflow momentum. "With our fear of a dividend cut behind us and the surprise 3Q dividend boost st
Former Shell Oil President John Hofmeister discusses the future of the oil industry under a Biden administration. #FoxBusiness Subscribe to Fox Business!
Oil giant Shell has been taken to court in the Netherlands by activists alleging the company has knowingly undermined global climate targets and violated human rights.
Royal Dutch Shell Plc began the permanent shutdown of its 211,146 barrel-per-day (bpd) Convent, Louisiana refinery, the company said on Tuesday.
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