Volatility in the oil and gas markets could persist for some time, because companies have very little spare capacity — that is the ability to produce more oil — and almost no room to compensate for a major supply outage, while demand is still recovering. During a media roundtable in Singapore on June 29, Shell CEO Ben van Beurden warned that the upward pressure on oil prices is set to continue. He also gave an update on Shell’s target of net-zero emissions of greenhouse gases by 2050, saying it has made “strong progress”.

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    8 Comments

    1. LP reacted d ryt way, she is Sexinlocall.UNO need of over drama, or over consider ations. She don't deserve *considerationsg. Lp പറഞ്ഞ പോലെ,, ജീവിതം തുടങ്ങിയല്ലേ ഉള്ളു, പഠിക്കട്ടെ.

    2. LP reacted d ryt way, she is vom.monster need of over drama, or over consider ations. She don't deserve *considerationsj. Lp പറഞ്ഞ പോലെ,, ജീവിതം തുടങ്ങിയല്ലേ ഉള്ളു, പഠിക്കട്ടെ.

    3. Oil is one of the cheapest commodity readily available on earth
      In fact oil is more abundant than drinking water.
      If you remove tax from gasoline, its even cheaper than how much PUB charge you for water.

    4. <<ADVICE >> Inflation is killing my budget and my salary. I can't invest and it seems like I will need to sell all of my risk assets to keep my head above the water this year.<<>>

    5. If you live in the USA, you need to buy oil/gas stocks NOW. This will help Biden. As the stock prices rise in these companies, it will be revealed that these companies are actually healthy. They are energy companies and will do well even if price of oil doubles. If you subtract oil and gas, they are still energy companies, but they become the green new deal companies. Red wave. They do well. Blue wave, they do well. Be an owner of these stocks, receive the high dividend yield, and hold them as long as you can past the election. Retiring? Look at the yield. Dollar-cost average into these companies. NO FEAR!! Just do it … for the USA and for yourself to ride thru this change! Don't be "played" by hacks that sabotage like "Freeport LNG". The industry is fine. If you want to hurt USA and Biden, sell your stocks as we buy. Do we want only foreigners owning oil/gas stocks? Hell no! You need to buy!!!!

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