Shell plc reported stronger-than-expected first-quarter earnings of $6.9 billion, attributed to rising oil and gas prices amid the Iran conflict, which boosted trading profits and offset production declines, while also announcing a 5% dividend increase and a $3 billion share buyback program. #EnergySector #OilPrices #CorporateEarnings #IR #QA #AU #CA #GB #US
Shell reported a record adjusted profit of $6.92 billion in Q1, driven by skyrocketing oil prices due to the U.S.-Israel conflict with Iran, reflecting a broader trend of increased earnings among European oil giants amid significant disruptions in global energy markets. #OilMarket #EnergyPrices #CorporateEarnings #US #IL #IR #GB #FR #RU #UA