Shell Dives Deeper into Liquefied Natural Gas Amid Crude Price Surge

Shell (LSE:SHEL) is shifting its focus to liquefied natural gas as crude prices near multi-month highs due to Middle East supply disruption.

The company has built the largest independently held liquefied gas trading operation in the world, which allows it to capture arbitrage and add an earnings layer that is difficult for rivals to replicate quickly.

Shell's management has emphasized discipline in its spending habits, favoring projects with shorter cycle times and clearer returns over long-dated developments.