Disruptionother · July 30, 2026

Shell posts better-than-expected second-quarter profit and highlights record production in Brazil

Shell reports record production in Brazil, indicating higher crude output flowing to market.

The trace

How it reaches your house.

Starting from Shell plc, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.

First impact
Canadian crude oil imports →supply up
Brazil
Brazil is a listed source of Canadian crude oil imports (3.7% share), so record Brazilian crude output modestly raises the availability of that supply stream.
88% confidence
Crude Oil Feedstock →supply up
Gasoline and diesel
Crude oil feedstock is a critical input for gasoline and diesel, so higher Brazilian crude output should increase the availability of refined motor fuels.
84% confidence
Crude Oil Feedstock →supply up
Home heating oil
More crude feedstock should ease refining constraints for home heating oil, a critical downstream product of crude processing.
Hop 2
Gasoline and diesel →supply up
Crude Oil Feedstock
Shell's record Brazilian crude output increases availability of the critical crude feedstock that gasoline and diesel depend on, easing refinery input constraints.
94% confidence
Home heating oil →supply up
Crude Oil Feedstock
Record Brazilian crude output raises crude feedstock availability, directly easing the fully dependent feedstock link for home heating oil refining.
90% confidence
Lubricant Base Oils (Group I/II/III) for Engine Oil & Industrial Lubricants →supply up
Motor oil & lubricants
Hop 3
Gulf Coast crude oil feedstock (jet fraction) →supply up
Jet fuel
Record crude production in Brazil adds supply into the market, which can ease this critical feedstock and raise jet fuel availability through this near-one-for-one input link.
72% confidence
Motor oil & lubricants →supply up
Lubricant Base Oils (Group I/II/III) for Engine Oil & Industrial Lubricants
Record Brazilian crude output should ease feedstock availability and support higher supply of lubricant base oils, which are a critical input to motor oil and industrial lubricants.
68% confidence

Where it lands

What you buy, and what you own.

Goods you buy

Gasoline and diesel · Home heating oil · Jet fuel · Motor oil & lubricants

Companies you may own

STNEPAGS

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In the MyPRIA app, this is checked against your own holdings.

How it reaches your house.

First impact

Canadian crude oil imports →supply up

Brazil

Brazil is a listed source of Canadian crude oil imports (3.7% share), so record Brazilian crude output modestly raises the availability of that supply stream.

88% confidence

Crude Oil Feedstock →supply up

Gasoline and diesel

Crude oil feedstock is a critical input for gasoline and diesel, so higher Brazilian crude output should increase the availability of refined motor fuels.

84% confidence

Crude Oil Feedstock →supply up

Home heating oil

More crude feedstock should ease refining constraints for home heating oil, a critical downstream product of crude processing.

Hop 2

Gasoline and diesel →supply up

Crude Oil Feedstock

Shell's record Brazilian crude output increases availability of the critical crude feedstock that gasoline and diesel depend on, easing refinery input constraints.

94% confidence

Home heating oil →supply up

Crude Oil Feedstock

Record Brazilian crude output raises crude feedstock availability, directly easing the fully dependent feedstock link for home heating oil refining.

90% confidence

Lubricant Base Oils (Group I/II/III) for Engine Oil & Industrial Lubricants →supply up

Motor oil & lubricants

Hop 3

Gulf Coast crude oil feedstock (jet fraction) →supply up

Jet fuel

Record crude production in Brazil adds supply into the market, which can ease this critical feedstock and raise jet fuel availability through this near-one-for-one input link.

72% confidence

Motor oil & lubricants →supply up

Lubricant Base Oils (Group I/II/III) for Engine Oil & Industrial Lubricants

Record Brazilian crude output should ease feedstock availability and support higher supply of lubricant base oils, which are a critical input to motor oil and industrial lubricants.

68% confidence