Headlines
Bloomberg MarketsPGIM Sees Hawkish Fed Tilt in September With Three HikesFinancial TimesUS launches strikes on Iran after Trump vows to deliver ‘beating’Bloomberg MarketsLloyds Banking Group CEO on Earnings, 2030 PlanBloomberg MarketsCredit Buyers Seek Refuge in Short-Dated Debt to Dodge Rate RiskBloomberg MarketsDanantara Dollar Debt Plan Grapples With Global Bond VolatilityFinancial Times‘My life’s screwed’: Korean investors stress out after AI bubble burstsFinancial TimesBoE expected to ‘talk tough’ but leave rates on holdBloomberg MarketsAndy Campion’s Unrivaled Approach to Youth SportsFinancial TimesUS borrowing costs hit 19-year high as Fed defies inflation fearsFinancial TimesDR Congo’s cobalt boom carries an unwanted cargo: uraniumFinancial TimesChinese stocks on track for worst month in decadeFinancial TimesWinner of US-China AI rivalry falls 2% in Hong Kong debutBloomberg MarketsHow the Iranian Economy Actually WorksBloomberg MarketsIndia's Fastest-Ageing State's Blueprint For Elder CareBloomberg MarketsAnglo American CEO Says Performance Bolstered by Higher Copper PricesBloomberg MarketsPGIM Sees Hawkish Fed Tilt in September With Three HikesFinancial TimesUS launches strikes on Iran after Trump vows to deliver ‘beating’Bloomberg MarketsLloyds Banking Group CEO on Earnings, 2030 PlanBloomberg MarketsCredit Buyers Seek Refuge in Short-Dated Debt to Dodge Rate RiskBloomberg MarketsDanantara Dollar Debt Plan Grapples With Global Bond VolatilityFinancial Times‘My life’s screwed’: Korean investors stress out after AI bubble burstsFinancial TimesBoE expected to ‘talk tough’ but leave rates on holdBloomberg MarketsAndy Campion’s Unrivaled Approach to Youth SportsFinancial TimesUS borrowing costs hit 19-year high as Fed defies inflation fearsFinancial TimesDR Congo’s cobalt boom carries an unwanted cargo: uraniumFinancial TimesChinese stocks on track for worst month in decadeFinancial TimesWinner of US-China AI rivalry falls 2% in Hong Kong debutBloomberg MarketsHow the Iranian Economy Actually WorksBloomberg MarketsIndia's Fastest-Ageing State's Blueprint For Elder CareBloomberg MarketsAnglo American CEO Says Performance Bolstered by Higher Copper Prices
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Shell Profit Surges to $9.8 Billion on Oil Trading and Refining Gains

Bloomberg Markets
Thursday, July 30, 2026 at 6:05 AM
~4 min read
Energy

Original Report

Shell Plc said second-quarter profit soared to the highest since the outbreak of the Ukraine war as conflict in the Middle East fuels a boom in trading and refining for the world’s energy majors.

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%