Shell reports lower profits as energy prices cool

Shell reports lower profits as energy prices cool

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Profits were $28.2bn (£22.3bn) in 2023, down from $39.9bn in 2022 which was the company's highest earnings in its 115-year history. The price of gas and electricity, as well as petrol and diesel, first began to climb after the end of Covid lockdowns, but surged in March 2022 after the outbreak of…

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