Shell posts are not a sharp drop in the first quarter of the lower oil prices

by admin
Shell posts are not a sharp drop in the first quarter of the lower oil prices

The Shell Gas Station logo is displayed on February 13, 2025 in Austin, Texas.

Brandon Bell | Getty Images News | Getty images

British oil giant Shell Friday, a sharp drop in the first quarter profit, following a lower gross price period.

Shell has declared an adjusted profit of $ 5.58 billion for the first three months of the year, beating analysts' expectations of $ 5.09 billion, according to a consensus compiled by LSEG. A separate forecast of analysts questioned By Vara, the research expected that the benefit of the first quarter of Shell reaches $ 4.96 billion.

Shell said an adjusted profit of $ 7.73 billion over the same period last year and $ 3.66 billion for the last three months of 2024.

The results come while major oil profits continue to pass record heights in 2022. A low perspective for oil markets, the fall in crude prices and the rapidly evolving trade policy of US President Donald Trump have struck the feeling of investors in recent months.

Earlier in the week, Great Britain COP And France Total energy said a significant drop in the benefit of the first quarter and a higher net debt.

This is a news. Please update updates.

Source Link

You may also like

Leave a Comment