Shell paints downbeat picture amid weaker economic outlook

Shell paints downbeat picture amid weaker economic outlook
WESPECH PTE LTD
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23.12.2019

MOSCOW (MRC) -- В Oil major Shell warned Friday of lower earnings and underwhelming output in the fourth quarter of 2019, weighed down by a weaker economic outlook as well as challenging trading conditions at its gas trading division, adding that it expects impairment charges of up to USD2.3 billion, reported S&P Global."Based on the macro outlook, post-tax impairment charges in the range

Full article at mrcplast.com

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