Shell Plc (SHEL) Stock in December 2025: Buybacks, Debt Swap and Oil Glut Fears Shape the 2026 Outlook
As of 4 December 2025, Shell Plc’s stock is trading near the top of its 52‑week range, powered by a relentless buyback programme, a fresh $6.3 billion debt exchange, and strategic bets in the North Sea and deep‑water Nigeria — all against a backdrop of what the IEA is calling a potentially record oil glut in 2026.Reuters This is a snapshot of where Shell (NYSE: SHEL, LON: SHEL, Euronext: SHELL) stands today, and how current news and forecasts are shaping the stock’s 2026 narrative. Shell share price now: near highs, but not euphoric On the NYSE, Shell’s American Depositary Shares