From an article published by Bloomberg News Friday 2 Jan 2015
Oil dropped to the lowest in more than five and a half years amid growing supply from Russia and Iraq and signs of manufacturing weakness in Europe and China.
Oil output in Russia and Iraq surged to the highest levels in decades in December, according to data from both countries’ governments.
Prices slumped 46 percent in New York in 2014, the steepest drop in six years and second-worst since trading began in 1983…
The European oil fell 48 percent last year, the second-biggest annual loss on record behind a 51 percent tumble in the 2008 financial crisis.
RELATED NASDAQ ARTICLE – ROYAL DUTCH SHELL DOWNGRADED
On Dec 31, Zacks Investment Research downgraded the integrated energy giant, Royal Dutch Shell plc.
With a tumble in crude oil price – which fell over 50% since Jun 2014 – revenues, cash flows and earnings are likely to be negatively impacted.
In this weakly priced market, Shell may find it difficult to maintain its lofty capital spending and dividend payments.
Moreover, the company is strategically selling its non-core assets. Though this is likely to be favorable in the long term, lost reserves and production would hamper earnings in the near term.
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.
