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Legal Battle Unmasks Shell s Under-The-Radar Oil Trading Earnings: Report - Shell (NYSE:SHEL)

Unveiled in a Texas court, documents from a former employee's lawsuit against Shell PLC expose the financial intricacies of its expansive oil and gas trading arm. Testimony by ex-division head John Dimech sheds light on substantial profits, with annual figures ranging from $950 million to $1 billion. This glimpse into Shell's closely-guarded trading operations highlights its significant contributions to overall U.S. pre-tax profits.

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