Shell reveals steep fall in quarterly profit margins in oil refining business
Yorkshire Post
2024-10-07
Views 1.8K
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.
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