Why are BP plc & Royal Dutch Shell plc rising even as the oil price falls?

Oil drill

When the price of a barrel of Brent crude oil bottomed and began rising back in January, so did the share prices of our two largest energy companies, BP(LSE: BP) and Shell(LSE: RDSB). So how have they shrugged off the recently weaker oil price to keep marching higher?

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Owain Bennallack owns shares of BP and Royal Dutch Shell B. The Motley Fool UK has recommended BP and Royal Dutch Shell B. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

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