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01 October 2020 The on-line newspaper devoted to the world of transports 20:16 GMT+2

May 4, 2000

Oil price boost for Shell

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.

The ......
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