Shell profit beats expectations, buybacks kept steady
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Will the North America natural gas trade continue to play out?
May 5, 2025 8:00 PM EDTDespite shifting OPEC+ production decisions, the North American natural gas trade continues to show resilience, according to a new note from Jefferies.
While oil markets grapple with potential supply increases, the firm said natural gas fundamentals remain intact and supported by solid corporate guidance, upcoming LNG demand, and stable production plans.
OPEC+s decision to accelerate supply by ~411 kbpd again in June is not that surprising,... More
