Shell's Q2 profit reaches $9.8 bn
London: Shell's net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility during the Middle East conflict. Higher oil and gas prices, stronger liquefied natural gas (LNG) and oil trading and improved chemicals margins helped support the British major's earnings, offsetting lower sales volumes caused by disruptions to its Qatar operations.Analysts had expected Shell's adjusted earnings, its measure of net profit, of $8.92 billion, according to a company-provided consensus, compared