# Shell refineries forecast to make double the profit from every barrel of fuel

https://mins.news/en/item/89301

- The Guardian, 2026-10-07 08:30 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/oct/07/shell-refineries-forecast-to-make-double-the-profit-from-every-barrel-of-fuel

> Shell expects refining margins to reach $42 a barrel in the July-to-September quarter, nearly twice the previous quarter’s $24, as fuel shortages drive prices higher amid refinery shutdowns in the Middle East and Russia. The company reported almost $10bn in second-quarter profit and expects gas production to recover to 740,000–780,000 BOED.

## Related coverage

- [Shell expects record refining margins as Iran war boosts fuel markets](https://mins.news/en/item/89520) — Reuters, 2026-10-07
