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Shell Reports Its Highest Quarterly Profit In Three Years.

: 04/26/2018 - 17:34

Shell is reporting its highest quarterly profit for at least three years thanks to stronger oil prices, higher production and cost cutting.

The oil giant says there was a 42 percent rise in underlying quarterly profits for the first three months of the year - to 3-point-8 billion pounds.

Bottom-line revenue rose nearly 70-percent to 4-point-1 billion.

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