Shell Posts $6.2bn Earnings In Q3, 2023

British oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates, as the company benefited from higher oil prices and refining margins. Analysts expected adjusted earnings of $6.48 billion, according to an LSEG-compiled consensus. Profit was higher than the $5.1 billion of the second quarter, but marked a sharp decline from the $9.45 billion reported a year ago, when the Russia-Ukraine conflict bolstered oil and gas prices. READ ALSO No Going Back On Overhaul Of DisCos’ Structure, Coverage – Nigerian Govt 2.6…

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