Low water levels on the Rhine River constrained production at the Rheinland refinery because transport barges were unable to load to capacity. Consequently, utilization for these facilities fell to between 93% and 97%, down from 102% in the second quarter, which increased river freight costs and raised diesel prices for inland buyers in southern Germany and Switzerland.
Tuesday, October 20, 2026
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Shell Forecasts Record $42 Barrel Refining Margin for Third Quarter
Earnings13 days ago
The company's profit from refining rose 75% from the $24 per barrel recorded in the second quarter. Limited fuel supply from the Middle East and a Russian ban on diesel exports have tightened global markets, pushing Shell's third-quarter margins to a record $42 per barrel.
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