Shell Makes More Money as Fuel Prices Rise

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Shell expects to make much more money from turning crude oil into fuels such as petrol and diesel. Its profit margin from refining oil is expected to rise from $24 to $42 per barrel. The increase comes as the conflict in the Middle East disrupts oil supplies and pushes fuel prices higher. Consumers pay more, while Shell makes bigger profits.

Source

https://www.reuters.com/business/energy/shell-raises-q3-gas-output-forecast-2026-10-07/

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