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Shell profits surge as oil trading and refining margins surge
Trucks

Shell profits surge as oil trading and refining margins surge

July 30, 2026 12:22 pm, EDT Shell company logo on top of a fuel storage tank at the site of the former Coryton fuel refinery in Coryton, UK (Chris Ratcliffe/Bloomberg) key takeaways: Shell reported second-quarter adjusted net income of $9.8 billion, more than double a year earlier, as the Middle East conflict boosted trading and

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Increase in profit margins for oil refiners
Trucks

Increase in profit margins for oil refiners

July 16, 2026 1:19 pm, EDT An oil refinery in Houston. (Mark Felix/Bloomberg) key takeaways: ​ Profits at American refiners, which convert crude oil into gasoline and diesel, are hitting records as fuel supply disruptions caused by the war have pushed up prices of refined products. The average per barrel margin a US refiner receives

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