Apr 29, 2021 9:55:am
Summary Higher oil prices and increased production more than offset weaker refining and marketing margins. Updates with comments from CFO.
by: Joseph Murphy
Anglo-Dutch major Shell swung to a $5.66bn income attributable to shareholders in the first quarter, up from a $4.01bn loss a year earlier, thanks to $3.4bn in asset sales and higher oil prices. But the contribution from trading and optimisation was significantly below average, it said April 29.
CFO Jessica Uhl told press that th.
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right? oil pries are down, they re making a boatload of money, the air marshals. to tack on a fee like this i think will not work and there will be an outrage. it s not going to happen. it s bush s fault. the skinny mini over here, pipe down, thank you to suzy and david for joining us. skinny mini and the other two will be right back. cashin in is up in just over an hour. eric, what do you guys have coming up? donald trump sounds off after police say another american was murdered by an illegal immigrant. plus, target facing backlash for planning to make its stores gender neutral. sh a good or bad business decision? cashin in. see you at 11:30. thank you, eric. we ll be watching. here first, what if i told you you never have to mow the lawn again?
gas prices. this isn t helping our recovery. well, if i understood the president, senator, i think what he said was that the oil reserve was for when supplies are disrupted. this is not a supply problem. this is a demand problem. you want him to use that reserve to bring down gas prices, oil pries? i m worried if we don t use the reserve, our economic recovery will stall and fall backwards. we don t need to see unemployment figures going up. secondly, let s not overlook the obvious. we re still too dependent on foreign oil. troubles in northern africa have an impact on the price of gasoline right here in chicago. we need to think about what we need to do as a nation to move forward. responsible exploration and production right here in the united states, although we re at record levels over the last sel years. we need to look and see what other things are available to us. beyond that, energy efficiency with a thought toward the environmental impact of the use of energy. these are th