Shell raises dividend by almost 40% amid soaring oil prices

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Oil company has reported its highest profits in two years for the three months to the end of June

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Photograph: Ben Stansall/AFP/Getty ImagesPhotograph: Ben Stansall/AFP/Getty ImagesRoyal Dutch Shell has raised its dividend by almost 40% and kickstarted share buybacks worth $2bn as soaring global oil prices helped to fuel a sharp rise in quarterly profits.reported its highest profits in two years for the three months to the end of June after a steady rise in global energy prices as the world economy recovers from the outbreak of the Covid-19 pandemic last year.

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Ouch the socialist daily must hate this.

Tory thieves Party / ordinary brits screwed into the ground

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