Shell anticipates higher Q2 oil trading profits amid Iran conflict
after close1 source ↓written by the desknot a recommendation
- be reported
- 30 July
Shell expects significantly higher oil and LNG trading results in Q2 2023, driven by extreme volatility from the Iran war. The integrated gas division's trading and optimization results are projected to surpass Q1 figures, while chemicals and products results remain steady. Detailed Q2 earnings will be reported on 30 July.
Not investment advice. For informational purposes only.