Shell firms up Q2 upstream production guidance, raises oil, gas price outlook

摘要

1. Raises Q2 integrated gas output guidance, 2. Expects to reverse up to $4.5 billion in writedowns, 3. Q2 refining margins jump to $28.04/b. Shell said July 7 it has firmed up its upstream production guidance for the second quarter of 2022 and expects to reverse up to $4.5 billion of previous writedowns after raising its outlook for oil and gas prices.