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Shell Posts Rise in Profit Despite Sharp Revenue Decline

The Wall Street Journal: Shell Posts Rise in Profit Despite Sharp Revenue Decline

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Fall in revenue indicates impact of low oil prices

By IAN WALKER and SARAH KENT

April 30, 2015

LONDON— Royal Dutch Shell PLC on Thursday reported a 7% rise in first-quarter profit from a year earlier but also posted a steep fall in revenue, giving investors a glimpse of the impact weak oil prices are having on the business.

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Write to Ian Walker at [email protected] and Sarah Kent at [email protected]

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