Thursday, July 28, 2011
Shell profits jump 77% on higher oil prices
28 Jul 2011 Oil giant Royal Dutch Shell has reported a 77% jump in second-quarter profit, thanks to higher energy prices. Shell's profit for the three months to June came in at $8bn (£4.9bn) on a current cost of supplies basis, up from $4.5bn in the same period last year. Earlier this week, rival BP announced second-quarter profits of $5.3bn.
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