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Shell warns of weaker fourth quarter LNG, oil trading By Reuters

Shell warns of weaker fourth quarter LNG, oil trading By Reuters

© Reuters. FILE PHOTO: A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/ File Photo

(Reuters) – Shell (LON:) on Wednesday trimmed its LNG production outlook for the fourth quarter and said trading results for its chemicals and oil products division are expected to be significantly lower than in the third quarter.

Shell, the world’s largest trader of liquefied , trimmed its LNG production forecast for the quarter to 6.8-7.2 million metric tons, from a previous forecast of 6.9-7.5 million tons.



Article by:Source- Reuters

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