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Shell reports profit driven by refining margins and oil.
Oil giant Shell reported a better-than-expected first-quarter profit of $7.7bn, driven by higher refining margins and robust oil trading.
The company also announced a $3.5bn share buyback for the second quarter.
Shell's adjusted earnings for Q1 were $7.7bn, down from $9.65bn in Q1 2023 but higher than analysts' expectations of $6.46bn.
The company's share buyback program is expected to be completed by the Q2 2024 results announcement.
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Shell reporta ganancias impulsadas por los márgenes de refinación y el petróleo.