Shell Global(US:SHEL) Ge Long Hui A P P·2026-01-08 15:09Core Viewpoint - The decline in crude oil, European natural gas, and liquefied natural gas prices is expected to negatively impact the profits of European integrated oil companies [1] Industry Summary - Analysts predict that the combined net profit of the oil and gas sector in the fourth quarter will decrease by 4% compared to the previous quarter [1] - Despite rising natural gas prices in the U.S. providing some buffer, oil and gas trading performance is expected to normalize, which will further drag down profitability [1] - Refining margins are expected to remain strong during this period, potentially providing some support to overall profits [1] Company Summary - Shell, headquartered in London, has warned of weak oil trading performance and declining profits for the last quarter of 2025 [1] - Following this warning, Shell's stock price fell by 2.35% to 2,593 pence [1]