Shell Profit More Than Doubles to $9.8 Billion, Second-Highest on Record, as Iran War Lifts Prices

Summary Profit of $9.8 bln vs expectations of $8.9 bln, $4.3 bln year ago Share buybacks kept at $3 bln for next quarter Highest profit, operating cashflow since 2022 Shell’s  net profit more than doubled from last year ​to $9.84 billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility … Read more