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Shell Warns of Loss in Chemicals and Products Business over Weak Oil Trading Results
Shell's chemicals division expects losses in Q4 due to an 18% drop in Brent crude prices, weaker chemical margins, and a tax adjustment, with trading earnings significantly down.
Summary by The Globe & Mail
3 Articles
3 Articles
Reposted by
perspectivemedia.com
Shell drops after decline in energy trading division
Shares in the company dipped as it also pointed towards a loss in its troubles chemicals and products division.
·London, United Kingdom
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Total News Sources3
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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