Shell Set for Another Bumper Quarter as Refining Profits Surge
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8 Articles
The squeeze in global fuel supply has pushed Shell's refining margin to record levels. At $24 per barrel in the second quarter, the indicator rose to $42 in the third quarter, giving a strong signal for the balance sheet that the company will announce on October 29. 🚆
The oil giant updated its market forecast for the third quarter.
London, 7 Oct 2026 (AFP) – On Wednesday, the British hydrocarbon giant Shell reported that its refining margins had jumped by 75% in the third quarter compared to the previous one, against the background of disruptions in the global supply of fuel related to the conflicts in the Middle East and Ukraine. These margins, which reflect the gap between the [...] The article Shell has record refining margins boosted by the wars appeared first on MARIN…
It is expected that the results of Shell's large oil and gas trading businesses will be in line with the previous quarter.
Shell previews in the trimester a margin of refining of 42 dollars per barrel, never so high: the prize of the diesel oil exceeds 100 dollars. It weighs the plants stops in Russia and Middle East, while the G7 frees supplyes.
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