Shell Points to $42/Barrel Refining Margin, Hikes Gas Production Outlook as Oil Spikes
Shell raises Q3 2026 production outlook amid Middle East tensions, while refinery utilization narrows and a $2.5B cash outflow is expected.
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Why It Matters
Shell expects to pump more oil and gas next year when tensions stay high. Watch how much profit they make from turning crude into fuel.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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