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Trending News: Weekly Report: MT5 Surpasses MT4 in Trading Volume; IC Markets Pursues UAE License and MoreGold and Oil Prices Surge in 2025 as Middle East Conflict RisesKraken Expands Forex Trading With Perpetual Contracts for Major PairsKraken Moves Into Forex Trading With Perpetual Contracts for Major PairsBayesian Inference Forex Trading ExplainedXAU/USD: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25WTI Crude Oil: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25USD/JPY: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25GBP/USD: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25Golden Days for the Ruble. Forecast as of 18.04.2025EUR/USD: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25USD/CHF: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25USD/СAD: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.04.2025Investors Lose Confidence in US Dollar. 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Forecast as of 16.04.2025Breaking: IC Markets Seeks UAE LicenseFCA Allows 16,000 Firms to Skip Three Data Collections; Do CFD Providers Benefit?Finance Magnates Unveils New IdentitySaxo Unveils Fee-Free Flexible ISA as Demand Skyrockets 600%Prop Firms Challenge CFD Brokers: Takeover or Coexistance?FCA Plans to Remove “Imprecise” Transaction Cost Disclosures for 12.6 Million UK InvestorsShort-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.04.2025Webull Taps GTN to Offer Fixed Income Instruments to APAC CustomersCapital Flight Severely Hurts US Dollar. Forecast as of 16.04.2025Nvidia Set for $5.5B Tariff Hit as Chinese Market for H20 Chips DiesFormer FXCM Marketing Exec Ross Soodoosingh Launches Forex UniversityWeekly Economic Calendar for 21.04.2025–27.04.2025Interactive Brokers’ Q1 Earnings Jump as Daily Average Revenue Trades Rise 50%What Is Forex Intermarket Analysis and How Does It Work in 2025?UK’s FCA Opens First-Ever Overseas Offices in US, Asia to Promote Cross-Border InvestmentWhat Is the Forex Order Block Trading Strategy?Wheat Price Forecast & Prediction for 2025, 2026, and 2027–2030Neobank Bunq Files for Broker-Dealer Registration in the US; Reports 65% Profit GrowthCySEC Reports €10.1 Billion in AUM as Cyprus-Based Funds Hold 75% Share in Q4 2024Swiss Franc Becomes Top-Notch Safe Haven. 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Forecast as of 14.04.2025Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.04.2025XTB Boosts Crypto CFDs Offerings for Institutions: Cuts Spreads by 60%Tariffs Damage US Economy and Greenback. 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Sat. Apr 19th, 2025 8:12:23 PM

Shell says refining margins dropped sharply in third quarter

LONDON (Reuters) – Shell (LON:SHEL)’s refining profit margins dropped sharply in the third quarter from the previous three months, while oil product trading earnings also weakened, it said on Monday.

In a trading update ahead of its quarterly results on Oct. 31, Shell said its indicative refining margins dropped to $5.5 a barrel in the three months to the end of September from $7.7 a barrel in the previous period.

Trading results for its chemicals and oil products division were expected to be lower than in the second quarter, Shell said.

This post is originally published on INVESTING.

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