Shell's Profits Double as Middle East Conflict Reshapes Energy Markets
Since the conflict began, Brent crude — the global benchmark — has swung from around $73 a barrel before the war to peaks above $120, before falling back below…
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Summary
Across the first half of 2026, Shell's total oil and gas production was down 16% compared with the same period in 2025, only partly offset by new output from Brazil and the Gulf of America. Shell posted profits of $9.84 billion for the second quarter of 2026, more than double the $4.26 billion it reported for the same period last year.
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Across the first half of 2026, Shell's total oil and gas production was down 16% compared with the same period in 2025, only partly offset by new output from Brazil and the Gulf of America.
according to IOL (Independent Online)Shell posted profits of $9.84 billion for the second quarter of 2026, more than double the $4.26 billion it reported for the same period last year.
according to IOL (Independent Online)
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