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British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp decline in crude prices and lower refining margins were partially offset by higher gas sales.
Global oil prices have steadily declined due to growing fears of a slowdown in demand from many countries but particularly ...
British oil major Shell ... of fossil fuels. Shell has largely outpaced European peers, with shares up 11.3% in the year to date, but most recently notched a sharp drop in annual profit to $ ...
BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling ...
It was a week when both oil and natural gas prices logged steep ... cuts — fell to its lowest level since 2021. Meanwhile, the drop in natural gas prices can be linked to mild weather forecasts ...
Activist investor Elliott Investment Management has taken a short position against British oil giant Shell, according to data from the U.K. regulator. Data from the Financial Conduct Authority ...