Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season.
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Shell plc reported a 47.4% decrease in adjusted earnings per ADS in Q2 2023 compared to the previous quarter. Revenues for Shell plc were down 26.3% in Q2 2023 compared to the same quarter last year.
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