Significantly lower trading and optimization results for the Integrated Gas segment and sliding refining and chemical margins hit Shell’s Q3 earnings after a historically buoyant Q2 FY2022. This serves as a warning to the entire industry as refining and chemical margins weakened in Q3 across the board.
06 Oct 2022
Lower refining and chemicals lead to disappointing Q3 performance
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Lower refining and chemicals lead to disappointing Q3 performance
Shell Plc (SHEL:LON) | 2,628 0 0.0% | Mkt Cap: 169,133m
- Published:
06 Oct 2022 -
Author:
Elif Binici -
Pages:
3
Significantly lower trading and optimization results for the Integrated Gas segment and sliding refining and chemical margins hit Shell’s Q3 earnings after a historically buoyant Q2 FY2022. This serves as a warning to the entire industry as refining and chemical margins weakened in Q3 across the board.