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As OilPrice.com reports, Brent crude oil prices fell 2.8% through 10:30 a.m. ET today, to about $71 per barrel, while U.S.-preferred West Texas Intermediate (WTI) crude prices dropped more than 3% ...
Shell Oil (RDS.A) closed at $43.68 in the latest trading session, marking a -0.77% move from the prior day.
The company increased its quarterly dividend by 15% to 33 cents per share. Shell added that, subject to board approval, it would distribute “at least” another $2.5 billion via share buybacks ...
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On 30 April 2020, Shell announced that it would cut its dividend for the first time since the Second World War, due to the oil price collapse following the reduction in oil demand during the COVID-19 pandemic. Shell stated that their net income adjusted for the cost of supply dropped to US$2.9 billion in three months to 31 March.
Stock market news live updates: Stocks crater, Dow hits 2022 low, and oil plunges as Fed and growth fears roil markets. ... futures settling nearly 6% lower at $78.74 per barrel.