Due to continued war and strikes in the middle-east region, Brent crude is expected to cross $100 per barrel resulting in a bull run in oil stocks. ・Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA,

March 9 (Reuters) - Shell said on Monday it will sell its Jiffy Lube lubricant shop chain to an affiliate of private equity firm Monomoy Capital Partners for $1.3 billion, as the oil major continues to shed non-core assets under CEO Wael Sawan's strategy to focus on higher-return businesses.

Shell said it agreed to sell Jiffy ​Lube ​International and its Premium Velocity ⁠Auto subsidiary to ​an affiliate ​of private equity firm Monomoy Capital ​Partners ​for $1.3B.

In the latest close session, Shell (SHEL) was down 1.88% at $72.42. This change lagged the S&P 500's 0.55% gain on the day. On the other hand, the Dow registered a gain of 0.63%, and the technology-centric Nasdaq increased by 0.91%. Shares of the oil and ...

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​Headquartered in London, Shell plc (NYSE:SHEL) produces oil and natural gas. The company’s operations are divided into the following segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate.

BP stock price also jumped by 1% and hit a record high of 513p. Like Shell, it has soared by over 61% from its lowest point in April last year.

HOUSTON/NEW YORK/LONDON, March 2 (Reuters) - A New York state judge on Monday rejected British oil major Shell ’s request to throw out an arbitration award that favored Venture Global in a dispute over the American ​company’s alleged improper sale ‌of liquefied natural gas.