LATEST
Wed, Oct 7, 2026
Loading weather...
Business

Shell refineries forecast to make double the profit from every barrel of fuel

Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia Shell’s refin...

Shell refineries forecast to make double the profit from every barrel of fuel
Source: The Guardian - Business

Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia Shell’s refineries are expected to make almost double the profit from every barrel of fuel produced owing to record prices caused by shortages around the world. In a market trading update on Wednesday, the energy supermajor forecast profit margins of $42 a barrel in...

SOURCE: The Guardian - Business
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
Have feedback on this article?Report error or suggestion

Read More from Business

IMF chief urges governments to tighten belts as global debt levels soar

Kristalina Georgieva says big economies will have to make ‘very touch choices’ a...

Read Article »

Ford CEO says the next generation of EVs have a trick up their sleeve to help prevent assembly mistakes

Ford is betting big on its next lineup of EVs. The CEO said it's pulling part of...

Read Article »

The CEO of Edward Jones said one risky decision made her career take off

Penny Pennington said she left banking because she wasn't sure that it mattered ...

Read Article »
Return to Front Page

5 minutes. The news that matters.

Get the most important stories of the day, without having to browse hundreds of articles.