Oil Giant’s Profit Soars to $11.5 Billion Amid High Energy Prices

Oil Giant’s Profit Soars to $11.5 Billion Amid High Energy Prices
The Shell petrol station in Milton Keynes, Britain, on Jan. 5, 2022. Andrew Boyers/Reuters
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Oil giant Shell posted profit on July 28 of more than $11 billion between April and June amid soaring energy prices, topping its record-breaking results from the first quarter.

The London-based company’s earnings come as households across the UK struggle with the rising cost of living and are prepared for yet another surge in energy bills after Russia cut further gas flows to Europe.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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