Shell share price ticks up in London after exec change, but oil slide keeps traders cautious
Shell shares rose 0.3% to 2,729 pence in early London trading after announcing executive committee changes, with senior director Robin Mooldijk set to step down Feb. 28. Oil prices fell about 1.5%, pressuring energy stocks. Shell also repurchased over 1.3 million shares across London and Amsterdam for cancellation under its buyback program. BP shares gained 0.6%.