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Shell Reports Second-Highest Profit Ever as Refining Hits Record

Source: Bloomberg

Corporate EarningsEnergy Markets & PricesGeopolitics & WarCompany Fundamentals

Shell reported the second-highest profit in its history, supported by record oil-refining margins. The article attributes the tightness in fuel-making capacity to the Iran war and the Russia-Ukraine conflict; it provides no profit figure or market reaction.

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