By CITY & FINANCE REPORTER FOR THE DAILY MAIL: 12 MARCH 2016
Oil analysts say the price of a barrel may have bottomed out – just as Shell started a £20billion assets sale.
The International Energy Agency said a slowdown in oil production could mean the worst of the rout in oil prices is over. In January prices plummeted to 12-year lows, falling below $27-per-barrel.
But in recent weeks there has been a modest recovery, with oil rising to $40 per barrel, and the IEA said this could be the light at the end of the tunnel.
‘There are clear signs that market forces are working their magic,’ the IEA said.
‘For prices there may be light at the end of what has been a long, dark tunnel, but we cannot be precisely sure when the oil market will achieve the much-desired balance.’
The IEA’s comments came as Shell (up 30.5p to 1669p) began selling assets worth £20billion.
The oil giant appointed Lazard, Morgan Stanley and Bank of America Merrill Lynch to advise it on the disposals which will finance last month’s £36billion takeover of BG Group.
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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.
