Why it matters
Higher energy-company profits and changes in oil and gas markets can affect investors and energy costs, including in the United States. The supplied reports do not quantify any effect on U.S. fuel prices or households.
ECONOMY • GLOBAL
Shell’s quarterly profit nearly doubled as refining margins rose
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BLUF
Shell reported $10.8 billion in adjusted profit for the July–September quarter, nearly double the year-earlier amount. The company plans a $5 billion share buyback, according to The Wall Street Journal.
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