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Mmastodon BusinessBusiness first seen 3 h ago, last 12 min ago, peak #1

Shell upgrades gas production outlook and refining margins

Original: Shell upgrades gas production outlook and says refining profit margins to grow https://www.standard.co.uk/business/busin

Shell has raised its gas production outlook and told investors it expects refining profit margins to grow, in a trading update reported by the London Evening Standard. The assessment points to stronger performance across the energy giant's gas and refining operations. The update comes as energy markets remain sensitive to Middle East tensions, with investors watching closely how major producers respond.

Why now: Investors and energy watchers are reacting to Shell's upgraded guidance amid volatile gas markets and Middle East tensions.

ShellLondon Stock ExchangeIranMiddle East

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