The Latest Breaking News from Shell

Its chief executive said buying the oil was not the right decision

Shell oil last week and said it would withdraw completely from any involvement in Russian hydrocarbons over the country's invasion of Ukraine. "We are acutely aware that our decision last week to purchase a cargo of Russian crude oil ... was not the right one and we are sorry," Shell…

Shell says it will stop buying Russian oil and natural gas

The boss of the FTSE 100 company also today apologised for buying Russian crude oil last week, seven days after Putin launched a horrifying attack on Ukraine civilians

Boss Ben van Beurden said it was wrong to buy the shipment of crude oil.

Energy giant says it will take weeks to remove all Russian fossil fuels from supply chains and ‘much longer’ to transition to other supplies

Exodus of big British companies continues as bosses forced to examine their companies’ links to Russia

Rolling coverage of the latest economic and financial news

Ukraine news from March 8: Ukraine’s president pushed for more support in address to the British parliament.

Ukraine officials say humanitarian corridors out of the cities of Sumy and Irpin are open, but some remain sceptical that civilians will be able to leave safely.

Someone with a lot of money to spend has taken a bearish stance on Shell (NYSE:SHEL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.