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Shell expects record third-quarter refining margins

Reuters reports Shell projects margins of $42 a barrel, up from $24 in the previous quarter.

1 Source, 30m ago, first seen 30m ago

TLDR

Shell expects its third-quarter refining margins to reach a record $42 a barrel, Reuters reports, up from $24 a barrel in the previous quarter. Reuters says the Middle East conflict has tightened fuel supplies and driven up prices.

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