Independent journal on economy and transport policy
08:28 GMT+2
Oil price boost for Shell
(BBC News)
May 4, 2000
The price of oil was more than double what it was in 1999
Oil giant Royal Dutch/Shell Group saw profits rise 118% in the first quarter, largely thanks to higher oil prices and its recent restructuring programme.
Net earnings in the first three months of the year were well above expectations at $3.13bn compared with $1.44bn in the same period last year.
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