Mmastodon BusinessBusiness first seen 9 h ago, last 4 h ago, peak #1
Shell raises gas production outlook on stronger refining margins
Original: Shell upgrades gas production outlook and says refining profit margins to grow https://www.standard.co.uk/business/busin
Shell has upgraded its outlook for gas production and told investors it expects refining profit margins to grow, according to the Evening Standard. The update points to improved conditions in its integrated gas and downstream businesses. It comes against a backdrop of market jitters over the Middle East, with the article linking the results to Iran-related tensions in the region, which have kept energy prices and trading conditions in focus.
Why now: Investors are watching energy majors closely as Middle East tensions involving Iran affect gas markets and refining margins.
Rank over time, top of the chart is #1. 6 snapshots from 9 h ago to 4 h ago.
Evidence
- Shell upgrades gas production outlook and says refining profit margins to grow https://www.standard.co.uk/business/business-news/shell-iran-middle-east-b1299824.html # Business # Energy # Finance · the_standard@robot.villas · 4
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