Shell Profit Climbs on Brent Crude Surge and Trading Gains

TTE•2026-05-07

Shell’s quarterly profit climbed as Brent crude prices surged on Iran conflict concerns, lifting upstream margins. Increased market volatility boosted the trading division’s volumes and refining margins, contributing to stronger overall earnings.

1. Conflict-Driven Price Surge

Shell reported a rise in quarterly profit after escalating Iran tensions sent Brent crude prices to recent highs, improving realized upstream margins.

2. Trading Division Contribution

Heightened market volatility drove stronger trading volumes and refining margins, with Shell’s trading arm delivering a notable boost to overall earnings.

Sources

Shell Profit Climbs as Iran War Boosts Oil Price, Trading

Finance

Shell Profit Climbs on Brent Crude Surge and Trading Gains

1. Conflict-Driven Price Surge

2. Trading Division Contribution

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Sources

Shell Profit Climbs as Iran War Boosts Oil Price, Trading

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