For the most part, Shell is realizing profit from high
Posted on: October 27, 2022 at 13:43:43 CT
KC rules MU
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commodity prices which they have no control over. Oil production is their most lucrative of many lines of business and that's a commodity price that is controlled by the market - just like corn or wheat. When that price is low, they suffer (to some extent; integrated companies can fall back on better refining margins in low oil price environments).
Edited by KC rules at 13:45:30 on 10/27/22