Shell’s LNG Trading Makes $2.4 billion in Final 2023 Quarter, Sources Say

Summary Shell’s LNG trading accounted for third of Shell’s Q4 profit Trading was boosted by East-West arbitrage, CEO said (Reuters) – Nearly a third of Shell’s profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources … Read more