Shell's quarterly profit struck down by oil crisis

The UK-Dutch energy giant saw its profits plummet as a result of oil prices, in a quarter which is transpiring to be dismal for industry players across the board.
Photo: Gazprom
Photo: Gazprom
BY LENA RUTKOWSKI

The low oil prices are taking their toll on oil giant Shell. The UK-Dutch energy company reported a plunge in profits in a quarter which is proving miserable for many industry players as more financial reports come to light.

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