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Royal Dutch Shell profits almost double

Second-quarter profits at oil giant Royal Dutch Shell have almost doubled after the firm completed a year-long corporate restructuring programme.

The firm reported profits of $4.5bn (£2.9bn) on a current cost of supplies basis, up from $2.3bn a year ago.

But it marked a drop from the $4.9bn it made in the first three months of the year as it continued to see "mixed signals" in the world economy.

Julia Caesar reports.

  • 29 Jul 2010