International
Shell Posts $6.2BN Profit As Oil Prices Rise Again
USA – Oil and gas giant Shell has posted strong profits helped by oil prices rising again. The energy giant reported earnings of $6.2 billion between July and September. That’s up sharply over the previous quarter.
USA – Oil and gas giant Shell has posted strong profits helped by oil prices rising again.
The energy giant reported earnings of $6.2 billion between July and September. That’s up sharply over the previous quarter.
Profits were down from $9.4 billion in the same period last year when Russia’s invasion of Ukraine caused a spike in oil and gas prices.
Earlier this week, the world bank warned the conflict in the Middle East could push the price of crude oil up to $150 a barrel – compared to $85 today.
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