Shell plc RDS-A

$RDS-A. “The energy minister of Saudi Arabia has been targeting short sellers and oil speculators for nearly a year, famously warning traders last September not to bet against oil.

“We will never leave this market unattended. I want the guys in the trading floors to be as jumpy as possible. I’m going to make sure whoever gambles on this market will be ouching like hell,” Prince Abdulaziz bin Salman said at one of the meetings of the OPEC+ alliance in September 2020.”

Oil is staging a come back.

$RDS-A. So the ruling in The Hague only applies for the Dutch not any other country. Yes, that’s where their HQ is, but it’s doubtful this ruling will survive an appeal. Putting the onus on Shell to b responsible for its suppliers is a broad over reach. That would make Shell liable for the food trucks that feed field employees! Ludicrous. There is no way a ruling like that would happen in the US.

Shell is the most progressive, but other big Oils have a more responsive stock. Shell lags a bit. It’s discouraging. I think that will change as they get more aggressive and purchase more green companies.

$RDS-A, $RDS-B. Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish forecasts for oil prices this summer.

Higher demand for travel and acceleration of vaccinations in Europe are set to result in “the biggest jump in oil demand ever, a 5.2 million barrels per day (bpd) rise over the next six months,” Reuters quoted Goldman Sachs as saying in a note to clients.

Goldman Sachs continues to see oil rising to $80 per barrel this summer and says that “The magnitude of the coming change in the volume of demand -- a change which supply cannot match -- must not be understated,”

$RDS-A, $RDS-B. After debt is reduced to $65 billion, they will return 20% to 30% back to shareholders. Did y’all read that part? One time dividend? Or an increase going forward? That part we dunno.

$RDS-A, $RDS-B. Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish forecasts for oil prices this summer.

Higher demand for travel and acceleration of vaccinations in Europe are set to result in “the biggest jump in oil demand ever, a 5.2 million barrels per day (bpd) rise over the next six months,” Reuters quoted Goldman Sachs as saying in a note to clients.

Goldman Sachs continues to see oil rising to $80 per barrel this summer and says that “The magnitude of the coming change in the volume of demand -- a change which supply cannot match -- must not be understated,” as carried by FXStreet.

$RDS-A, $RDS-B. There is also another question: if renewables are the economic choice, why are the emerging—meaning poorer—economies of Asia investing so heavily in fossil fuel generation capacity that demand for oil there could jump by as much as 25 percent by 2040, according to Wood Mackenzie?

Even China, the indisputable global leader in renewable energy capacity, is building new coal power plants despite celebrations of solar becoming as cheap as coal two years ago.

$RDS-A, $RDS-B. The World Still Needs Hundreds Of Billions Of Barrels Of Oil
By Haley Zaremba - Apr 14, 2021, 2:00 PM CDT. Oilprice.com

Sorry greenies.

$RDS-A, $RDS-B. Profit taking. Shell’s Upstream will be profitable 1st Qtr 2021. They’ve already announced that. Dividend will be declared. Stock will react accordingly.

$RDS-A, $RDS-B. Despite commitments to become a net-zero emission economy by 2060, China—the world’s biggest carbon emitter—commissioned more coal-fired capacity last year than the rest of the world retired, a new report showed this week.

China’s coal boom in 2020 more than offset the retirements in coal capacity in the rest of the world, leading to the first increase in global coal capacity development since 2015, a report led by Global Energy Monitor (GEM) found.

Just so you know, other countries aren’t serious about going green. They care about their security and their GDP. ESPECIALLY CHINA. They are full of shit.

$RDS-A, $RDS-B. Energy is super complicated. There’s not a bear in the world who understands it, let alone can predict SP.

E.g., OPEC agrees to INCREASE production and Oil shoots up. Why? Because now analysts think that big oil is expecting a demand increase. SMH