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Shell forecasts Hurricane Texas could cause up to $ 200 million in damage to Reuters’ first quarter earnings

© Reuters. FILE PHOTO: A Shell sign is pictured near Nowshera

LONDON (Reuters) – Royal Dutch Shell (LON 🙂 said on Wednesday it expected its first quarter adjusted earnings to hit $ 200 million due to extreme cold weather in Texas during the quarter. .

In an update ahead of the first quarter’s results on April 29, Shell, the world’s largest fuel retailer, said it had seen refined oil product sales at a level. from 3.7 to 4.7 million barrels per day (bpd) in the first quarter. (Graphics: Selling Shell fuel products, https://graphics.reuters.com/SHELL-EMISSIONS/xlbvgxnadpq/chart.png)

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