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Evening Standard
Evening Standard
Anna Wise

Shell upgrades gas production outlook and says refining profit margins to grow

Shell has upgraded its outlook for gas production in the third quarter (Yui Mok/PA) - (PA Archive)

Shell has upgraded its outlook for gas production in the third quarter and said it expects profit margins from its refining operations to surge as the Iran war continues to disrupt global fuel supplies.

The energy giant told investors it was forecasting integrated gas production to be between 740,000 and 780,000 barrels of oil equivalent per day (BOED) between July and September.

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