Nick Fletcher: Tuesday 13 September 2016 11.18 BST
Oil shares are among the biggest fallers after crude prices slid further in the wake of a downbeat report from the International Energy Agency. The agency said the oil market would be oversupplied until at least the first six months of 2017, given a sharp slowdown in demand and rising stocks. A month ago it predicted suppy and demand would be broadly in balance for the rest of the year, and inventories would fall sharply.
Chris Beauchamp, chief market analyst at IG, said:
The IEA has joined OPEC in pouring more cold water on the oil price this morning. After OPEC flipped its prediction of dwindling non-OPEC supply in 2017, instead warning that it was set to rise due to a major new oilfield in Kazakhstan coming online, the IEA has issued a stark warning that the pickup in demand seen in the first half of the year has completely evaporated. It has cut its demand forecasts for the second half and the whole of 2017 and is now predicting the glut will remain in the global market for the whole of next year. Oil prices are down this morning, although the real capitulation could come towards the end of the month if OPEC and Russia fail to agree a supply freeze
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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.

























































