Shell beats expectations with $7.7 billion first-quarter profit
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LONDON (Reuters) -Shell reported first-quarter profit of $7.7 billion on Thursday, sharply beating expectations after disruptions in the Red Sea and Russia lifted oil refining and trading. The oil and gas company also said it will repurchase a further $3.5 billion of its shares over the next three months, at a similar rate to the previous quarter. "Shell delivered another quarter of strong operational and financial performance, demonstrating our continued focus on delivering more value with...

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