04:59 AM EDT, 10/07/2024 (MT Newswires) -- Shell (SHEL) said Monday its Q3 refining margins are expected to decline from the previous quarter and the company anticipates a "marginal loss" in its chemical business.

Shell said its forecast for Q3 refining margin is $5.50 per barrel, compared with $7.7 per barrel in Q2.

Trading and optimization results within the integrated gas segment are expected to be "in line" with Q2, the company said.

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