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Published 3 months ago

Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Montana

Summary by Ground News
Oil and natural gas prices had surged the year before in the wake of Russia's invasion of Ukraine. Shell said its post-tax earnings fell 29%, to $28.3 billion from the previous year's all-time high of $40 billion. The main reason behind the decline was the fall in energy prices, with oil trading at an average of $82 a barrel.

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The Billings GazetteThe Billings Gazette

Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Montana

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia's invasion of Ukraine.

3 months ago·Billings, United States
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Helena Independent RecordHelena Independent Record

Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Montana

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia's invasion of Ukraine.

3 months ago·Helena, United States
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Lincoln Journal StarLincoln Journal Star

Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Nebraska

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia's invasion of Ukraine.

3 months ago·Cherokee County, United States
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MissoulianMissoulian

Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Montana

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia's invasion of Ukraine.

3 months ago·Missoula, United States
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Montana StandardMontana Standard

Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in Montana

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia's invasion of Ukraine.

3 months ago
Read Full Article
News & RecordNews & Record

Profits at oil giants are declining, partially due to lower gas prices: Track gas price changes in North Carolina

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia's invasion of Ukraine.

3 months ago·Cherokee County, United States
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