Shell Q1 2026 earnings surge on lubricants and trading strength

Shell plc has reported first-quarter 2026 adjusted earnings of USD 6.9 billion, more than double the USD 3.3 billion recorded in the fourth quarter of 2025, driven by stronger lubricants margins, higher trading and optimisation contributions, improved refining margins, and lower operating expenses. Income attributable to Shell shareholders was USD 5.7 billion in the first quarter, up from USD 4.1 billion in the prior quarter. Adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached USD 17.7 billion,…

The post Shell Q1 2026 earnings surge on lubricants and trading strength appeared first on F&L Asia.