Shell stock rises as buyback keeps ticking — what to watch before earnings
Shell’s U.S. shares closed up 2.1% at $73.18 Tuesday, tracking a fourth straight rise in crude prices. The company repurchased 1,677,480 shares for cancellation on Jan. 13 as part of a buyback program. Shell’s Q4 results and interim dividend are due Feb. 5. Oil prices dipped early Wednesday after Venezuela resumed exports and U.S. crude inventories rose.