Shell Plc gave London’s Shell company, which operates retail electricity and gas supplies, a £1.2 billion ($1.5 billion) financial bailout this year to support it through the energy crisis. We should expect Natural Gas Futures to decline against this backdrop.

Shell Energy Retail said it injected 20 million pounds into its capital in February this year and another 177 million pounds in March. The company recently agreed to raise another £288 million in capital from one of Shell’s subsidiaries, and the funds received will be enough to meet its obligations until the end of 2023.

Retail suppliers of electric power in Great Britain have been experiencing serious difficulties for more than a year because of the jump in wholesale prices to record highs. Dozens of companies have gone bankrupt in 2021, unable to pass on rising costs to electricity consumers because of regulatory restrictions, Bloomberg notes.

Shell Energy Retail gained 500,000 new customers who switched to it after competitors left the market. In 2021, the company recorded an operating loss of 102.4 million pounds.

Earlier, we reported that analysts predicted record growth in the yuan.