Thursday, 1 November 2018

Shell profits jump 40% to 4-year high on rising oil price

A rebound in global oil and gas prices has helped Royal Dutch Shell’s quarterly profit to reach $5.6 billion, the highest level in four years – but still short of analysts’ expectations. "Good operational delivery produced one of our strongest-ever quarters with cash flow from operations of $14.7 billion," CEO Ben van Beurden commented.

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