Shell profit more than doubles to $9.8-billion as Iran war lifts prices
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Article Excerpt
Shell profit more than doubles to $9.8-billion as Iran war lifts prices
STEPHANIE KELLY AND SHADIA NASRALLA
LONDON
REUTERS
PUBLISHED 1 HOUR AGO
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Shell’s net profit more than doubled from last year to US$9.84-billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility during the Middle East conflict.
Higher oil and gas prices, stronger liquefied natural gas (LNG) and oil trading and improved chemicals m…
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