Royal Dutch Shell Posts Rise in Earnings Despite Lower Oil Prices
LONDON — Royal Dutch Shell said on Thursday that earnings in the fourth quarter of 2014 rose as improved performance in marketing and refining offset the effects of lower oil…
Tag: barrel
Oil price collapse saves China $100 billion in six months
Oil prices tumbled from $116 per barrel to less than $50 in just six months, with the fall accelerating after OPEC decided in November not to cut production. Lin’s comments…