Oil prices fall and stocks rebound
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Oil companies were the only shares in green on Monday as oil prices were catapulted higher by the ongoing war in the Middle East. Brent crude oil surged at the start of the new week, jumping to $107 per barrel,
British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs helped to offset falling oil and gas prices. Profit after tax climbed to $17.84 billion in 2025 from $16.1 billion a year earlier ...
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Oil giant Shell posts weakest quarterly profit in nearly five years, keeps buybacks steady
British oil giant Shell posted adjusted earnings of $3.26 billion for the fourth quarter, missing analyst expectations. The London-headquartered firm maintained its quarterly share buyback of $3.5 billion. European energy majors are expected to confront ...