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Flash News: all about energy

07/02/2020 · Moneysupermarket.com (MONY)  · Shell (SHEL)  · Telecom Plus (TEP) 

China Economics FTSE 100 FTSE 250 Politics UK

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What do these four headlines mean for your investment?

Oil giants kick off results season

Big British energy companies kicked off UK results season this week. Royal Dutch Shell (LON: RDSA) and BP (BP) both addressed the recent oil price fall in the wake of the coronavirus and the fact that demand for investment in renewables is rising.

The news and your money

A 10% fall in average oil and gas prices in 2019 dampened profits at both oil giants. With the oil price continuing…

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