30
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Jan
Shell Q4 Profits Slide 39% Amid Lower Oil Prices, $3.5 Billion Buyback Announced
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Writer / 7 months
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- 2 min read
Earnings Drop Amid Softer Market Conditions Shell reported a significant 39% drop in fourth-quarter profits, with adjusted earnings declining to $3.66 billion compared to the same period last year. The energy giant attributed the slump to weaker oil and gas prices, shrinking refining margins, and reduced trading profits. Capital Returns Remain Steady Despite the decline […]