Shell Points to $42/Barrel Refining Margin, Hikes Gas Production Outlook as Oil Spikes
Shell PLC (NYSE: SHEL ) on Wednesday raised its outlook for the third quarter of 2026 on higher fuel demand amid the Middle East conflict keeping crude oil prices elevated. Notably, Brent crude prices climbed in the third quarter of 2026 as renewed Middle East military action heightened supply concerns. Brent futures p