As Prices Rise at the Pump, so Do Oil Company’s Profits
3 Articles
3 Articles
Also Shell, like the Italian Eni, celebrates the increase of the fuels triggered by the war in the Middle East. In the second semester the British oil giant has recorded profits for 10,8 billion dollars, the triple of the same period of 2025. Merit of the soaring of the prices of gas and oil against the background of the conflict caused by the attacks of the US and Israel to Iran and of the stall for the passages of the commercial marine traffic…
British energy giant Shell tripled its net profit in the second quarter of this year, thanks to higher oil prices. It rose to $10.8 billion ($9.4 billion) from $3.6 billion (€3.1 billion) a year earlier. The energy giant's revenue in the second quarter rose 45 percent year-on-year to $96.4 billion (€84 billion).
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