Shell nearly doubles quarterly profit as refining margins hit record high
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.
Shell’s third-quarter adjusted earnings rose to $10.8 billion from $5.4 billion a year earlier, beating analysts’ $9.92 billion forecast. Refining margins reached a record $42 a barrel, driven by higher commodity prices and supply pressures, while Shell announced a $5 billion share buyback.
Continue in the app — vote & join in ➔Source: CNBC Top News · via ahirlevel.hu