Shell is already investing in green energy methods and is for me the leader oil company who can adapt quickly. I see a great future Shell. In the short term I see the oil demand coming back when corona decreas.
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Sold some shares around 25.5, taking smalll positions back @2.4
Pretty good, where is goes next (now 15USD level reached)?
Maikelmikkel36
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@mademola, Fundamentally its very strong, I will sell 25% of my position on €16 euro, if the price will go down I will buy more shell around €14. Most people think oil demand wil drop, I think it wil grow in coming years also 50% of their portfolio is gas, gas demand will double from 2020 to 2050. Also Shell is the best forward-thinking companies in terms of energy they invest as one of the best in the future
such as buying patents on hydrogen and developing an electric charging network, I don't see why we can't go back to the old price point.
chrisjuh1987
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@Maikelmikkel36, im agree with your comment, shell invest a lot into the green energy. en it also is not possiblle that the oil wil not needed in comming 20 years, thanks for sharing