Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Iowa
Oil giant Shell saw profits tumble by nearly a third in 2023 as a result of lower oil and natural gas prices, which had surged the year before in the wake of Russia’s invasion of Ukraine. In a statement Thursday, London-based Shell said its post-tax earnings fell 29%, to $28.
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2 developments- Feb 1, 2024Shell profits plunge last year from a record high as oil and natural gas prices drop
- Feb 3, 2024Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Montana
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Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Montana