Oil giant Shell said on Friday first quarter results for its Trading and Optimisation division are expected to be strong, but significantly lower than an exceptional fourth-quarter of 2023. The company also expects production in Integrated Gas to be in the range of 960 thousand barrels of oil equivalent per day (kboe/d) – 1,000 kboe/d for the first quarter. Quarterly production in Upstream is expected to be in the range of 1,820 kboe/d – 1,920 kboe/d. In Marketing, the company expects quarterly sales volumes to be in the range of 2,150 kb/d – 2,550 kb/d.