Shell Benefits From Current Oil Prices, Delivers Solid Q2 Profit

Shell beat expectations around expected earnings for its Q2, delivering $9.84 billion on that metric against $8.79 anticipated. “What we have been trying to build is a company that is able to thrive through volatility. So, you’re absolutely right, of course, the macro is such that the commodity prices are high and that provides a very strong tailwind for our results,” Shell CEO Wael Sawan (more).