Shell Expects 'Significantly Higher' Oil Trading Profits in Q1

Shell expects its adjusted earnings in marketing and oil trading for the first quarter to be “significantly higher”, the UK-based supermajor said in a trading update on Wednesday in a preview for the Q1 earnings. Shell, which will publish its first-quarter results on May 7, sees marketing adjusted earnings significantly higher than a year ago, and the trading and optimization result to be significantly higher than for the fourth quarter of 2025. The extreme volatility and the market chaos resulting…