Shell posts worst financial results since 2016 oil price crash


Company, hit by oversupply in gas market, blames slowdown in global economy

Royal Dutch Shell has blamed a slowdown in the global economy for its worst financial results since the oil price crash in 2016.

Shell’s profits were down a quarter to $3.5bn (£2.9bn) in the three months to the end of June, well below City forecasts of nearly $5bn.

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