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Shell's second-quarter profits soared due to rising prices; plans to repurchase an additional $3 billion
2026-07-30 15:42:42
According to CoinMeta, Shell ( Shell PLC ) reported in its financial report released on Thursday that profits increased significantly in the second quarter, mainly due to higher realized prices, although sales volumes declined due to the impact of conflicts in the Middle East on Qatar's production. Shell also plans to undertake an additional $3 billion in share repurchases.
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Source：Internet
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