Shell says Q2 profit soars $6bn on high oil price, disposals | Fin24
 
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Shell says Q2 profit soars $6bn on high oil price, disposals

Jul 26 2018 18:50

London (AFP) - Royal Dutch Shell said Thursday that net profits quadrupled in the second quarter, energised by rising oil prices and Asian asset sales.

Earnings after taxation surged to $6.0 billion in the three months to June compared with $1.5 billion a year earlier, Shell said in a results statement, adding that it has launched a vast $25-billion share buyback.

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shell  |  oil price
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