Posted by John Donovan 7 April 2024
In a stunning twist of fate that surely shook the ivory towers of Shell, the UK-based oil giant confessed to expecting a downturn in its Integrated Gas division’s trading results for the first quarter of 2024. Brace yourselves, folks; it seems they won’t be swimming in gold coins this time around.
Shell, in its prophetic earnings preview released on Friday, forecasted a “significant” dip in trading and optimization results compared to the dazzling performance it put on in the fourth quarter of 2023. Oh, the agony of not being able to sustain such brilliance!