Shell is trading up 3.00% at $106.66 in the October 16 session, coinciding with an oil rally amid supply uncertainty.
- Reuters reported Brent up 3.2% and WTI up 2.8%, amid Middle East supply uncertainty and disruption after a Ukrainian strike on a Russian refinery.
- Energy-sector shares rose 1.75%. No clear Shell-specific announcement explains the move; evidence points to energy-sector supply concerns. October 17 is a Saturday.