Shell profits fall 72 per cent as crude price slump takes toll
Royal Dutch Shell has reported a 72 per cent slump in profits for the second quarter as the energy giant continues to be hit by low oil and gas prices.
The company said underlying earnings fell to $1.05 billion (£0.8bn) in the three months to March from $3.76 billion in the same period last year.
Chief executive Ben van Beurden, pictured, flagged the "significant challenge" lower energy costs are posing.
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