Shell is trading 3.63% up at £3,780.50, primarily supported by the oil rally amid escalating shipping and Strait of Hormuz supply concerns. - Shell’s October 7 trading update forecast a record third-quarter refining margin of $42/barrel, up from $24/barrel in the prior quarter. - Reuters reported Brent rose 2.28% to $102.28 early October 8 as tanker attacks raised supply concerns.