- Associated Press•11 minutes ago
LONDON (AP) — Royal Dutch Shell says second-quarter earnings fell 72 percent as low oil prices challenge the profitability of the business.
- Reuters•28 minutes ago
Royal Dutch Shell (RDSa.L) reported a more than 70 percent fall in quarterly profits on Thursday, well below analyst estimates, as weak oil and gas prices further ate into revenue. Shell's current cost of supplies -- its definition of net income -- came to $1 billion in the second quarter, compared with analyst expectations of $2.2 billion and $3.8 billion achieved the same time last year. "Lower oil prices continue to be a significant challenge across the business, particularly in the upstream (business)," said Chief Executive Ben van Beurden, who said last month he wants to turn Shell into the best oil company for investor returns.
|Bid||2,015.00 x 216300|
|Ask||2,150.00 x 249300|
|52wk Range||1,256.00 - 2,127.40|
|Day's Range||2,042.50 - 2,080.00|
|Avg Vol (3m)||6,475,914|
As of 11:37 AM EDT. LSE Delayed Price. Market open.