Shell's US crude trading division earns $950M-$1B annually, according to ex-employee lawsuit documents.
Shell earns about $1 billion annually from US crude trading, revealed by court documents in a lawsuit filed by a former employee. The former head of Shell's US crude trading division, John Dimech, testified that the crude trading unit typically made between $950 million to $1 billion per year. This represents 13-15% of Shell's overall US pre-tax profits in recent years.
April 29, 2024
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