Shell’s Earnings From Gas Trading to Drop Significantly
- Natural gas trading business ends run of exceptional results
- Traders have been key to Shell’s record profits recently
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Shell Plc’s earnings from natural gas trading will be significantly lower in the second quarter, due to seasonal shifts in the market.
Oil and gas production will also be down compared with the first three months of the year due to field maintenance, while the company’s chemicals business is expected to post a loss, Shell said in an update ahead of its full results later this month.