06 Oct, 23

Shell Anticipates Gas Trading Surge In Q4

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Shell has said that trading in its gas segment will be higher over the third quarter than in the second, bouncing back from a challenging set of results in July. The energy giant also forecast that trading in its chemicals and products division would beat the second quarter. The London-listed firm’s adjusted earnings more than halved in its second quarter results in the summer, dipping nearly £5bn year-on-year and at a a much greater loss than analysts had forecast. Earnings in July were hit by falling oil and gas prices and tightening…

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