Shell is trading 3.03% down at $95.95 as energy shares weaken alongside lower oil prices and rising interest-rate concerns.
- Reuters reported crude prices eased after a larger-than-expected U.S. inventory build, while investors awaited the Federal Reserveβs September 16 decision.
- Morningstar reported Shell falling alongside major energy companies, indicating sector-wide pressure rather than a company-specific catalyst.
- Shell reported routine share buybacks on September 16, but there is no evidence they drove the decline.