Business · 7 July 2026
Shell says oil prices lift trading results
Higher energy prices could help company earnings, although some gas output has been reduced. Shell updated its second-quarter outlook, raising integrated gas production guidance while saying production will still be much lower than the first quarter because fighting affected facilities in Qatar. Pearl GTL stopped operating in March after a missile strike, while Brent crude later returned to about 73 dollars a barrel.
Reported by London Standard · How we write briefs