FTSE 100 on the rise, reflecting strength in miners as well as oils
By Sarah Turner, MarketWatch
Last Update: 10:12 AM ET Jul 6, 2007
LONDON (MarketWatch) — Shares of major oil companies advanced Friday in London, with Royal Dutch Shell hitting a multiyear high and rival BP gaining ground after the two got upgraded by Deutsche Bank analysts.
Miners were also making fresh highs as the trading week drew toward a close.
Broadly, London’s FTSE 100 index (UK:UKX: news, chart, profile) added 22 points, or 0.3%, to 6,657.20.
Royal Dutch Shell saw its shares advance 2.5% to 2,107 pence, just off a session high of 2,117. The shares haven’t traded at this level for two years.
Deutsche Bank upgraded Royal Dutch Shell to buy from hold, with the broker lifting its price target to 2,375 pence ($95.82 per U.S.-listed share), up from 1,925 pence previously.
“Our price-target increases reflect our view that the risks to our long-run oil price estimate of $45/barrel are now significantly to the upside. This implies that the rate of return fade is likely to mitigate over the coming years and suggests that we are now closer to a mid-cycle return than that typical of the peak,” the broker said.
Meanwhile, shares of BP increased 0.9% to 610 pence as it was also upgraded to buy from hold.
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This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
