Royal Dutch 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.   Shell's oil trading operations, known internally as Trading & Supply, accounted for 43% of the Oil Products division's total earnings of $5.

995 billion in 2020. Trading earnings totalled $1.3 billion in 2019, Shell's annual report, which was released on Thursday, said.   The unusually high contribution.....

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