Shell’s Profit Beats Expectations at $6.9 billion, Raises Dividend by 5%

Summary Shell cuts quarterly buybacks to $3 billion from $3.5 billion Middle East war cuts output by 4% Shares fall in early trade along with oil prices, peers LONDON, May 7 (Reuters) – Shell’s  first-quarter profit beat estimates and hit its highest in two years at $6.9 ‌billion on Thursday, boosted by gains linked to the Middle … Read more