British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp decline in crude prices and lower refining margins were partially offset by higher gas sales.
Shell (GB:SHEL) released its Q3 trading update, highlighting a drop in its refining margins amid weak oil prices as global energy demand wanes. In a pre-earnings update, the energy giant reported that ...
Shell (NYSE:SHEL) +3.2% in Thursday's trading despite missing Q4 earnings and revenue estimates, weighed by weaker oil and gas prices and demand, but the company increased shareholder returns in a ...
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