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Shell expects refineries to almost double the profit from every barrel of fuel made

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Guardian
Shell expects refineries to almost double the profit from every barrel of fuel madeWorldPing
Image via The Guardian.

What happened

Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia Shell’s refineries are expected to make record profits on each barrel of fuel produced after shortages in the global market caused pump prices…

Key facts

  • Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia Shell’s refineries are expected to make record profits on each barrel of fuel produced after shortages in the global market caused pump prices…
  • Reported by The Guardian and published Wed, 07 Oct 2026 08:30:16 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Shell expects refineries to almost double the profit from every barrel of fuel made

  2. How much you need to retire in every state after Social Security—from $644,000 in North Dakota to $1 million in New Jersey

Sources

The original report was published by The Guardian. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Guardian

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