Shell Reports Sharp Decline in Refining Profit Margins Amid Global Demand Drop 📉
Shell announces a significant drop in quarterly profits from its oil refining division due to decreased global demand, signaling challenges in the energy sector.
Yorkshire Post
1.8K views • Oct 7, 2024
About this video
Shell has revealed a steep fall in quarterly profit margins in its oil refining business amid a slowdown in demand globally. The energy major said its indicative refining margins fell to 5.5 dollars (£4.19) a barrel in the quarter to September 30, down from 7.7 dollars (£5.87) a barrel in the second quarter.
Video Information
Views
1.8K
Duration
0:57
Published
Oct 7, 2024
User Reviews
3.7
(1) Related Trending Topics
LIVE TRENDSRelated trending topics. Click any trend to explore more videos.
Trending Now