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EnergyReportedMediumDeveloping
6.4

Shell Q3 Refining Margin Hits Record on Middle East Volatility

Shell is set to post a record refining margin in Q3, driven by market volatility from Middle East conflicts and tight global fuel supply. This signals sustained refining profitability amid geopolitical risk, though the exact margin figure and duration of the trend remain uncertain.

Valor Econômico1 day agoGB, SA, IRCredibility 41%View source

Score Breakdown

Mosaic Score6.4
Model confidence0.5
Significance0.5
Source credibility0.4

Intelligence Tags

#refining#shell#oil#geopolitical risk#fuel supply

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