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Shell hints at strong oil and gas performance in the second quarter - Upstream Online

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Shell hints at strong oil and gas performance in the second quarter | Upstream

Shell hints at strong oil and gas performance in the second quarter

British supermajor remains within the initially guided ranges despite lowered outlook for oil and gas demand growth this year

Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

More informationabout ENERGY BASICS: petroleum