Tag: ANNUAL BALANCE

Shell’s oil trading earnings double in 2020 to $2.6 billion

Royal Dutch Shell’s 2020 earnings from trading crude oil and refined products doubled from the previous year to $2.6 billion, helping to offset a sharp drop in fuel demand due to the coronavirus pandemic

Exxon Mobil reports huge 2020 loss as changes draw mixed reviews

Exxon Mobil closed the books on a terrible 2020, reporting losses in the fourth quarter and the full year in the wake of lower oil prices amid the COVID-19 crisis