Shell warned that fourth-quarter 2025 earnings are likely to come under pressure from weaker trading and non-cash tax adjustments across multiple segments.

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide.

By Shadia Nasralla and Stephanie Kelly LONDON, Jan 8 (Reuters) - Shell expects a loss in its chemicals and products business in the fourth quarter due in part to "significantly lower" oil trading ...

Q4 update: higher oil & gas production but weaker oil trading as crude prices fall. See key guidance on upstream, chemicals & earnings.