Shell lowers Q1 outlook on gas unit

Oil giant Shell (SHEL) cut its outlook for Q1 ahead of the publication of its results on 7 May. The company now expects a quarterly loss of $800 million to $1 billion against $400 million to $600 million previously. Temporary decrease Shell warned its Q1 natural gas output would be lower than forecast due to … Continue reading Shell lowers Q1 outlook on gas unit