Royal Dutch Shell experiences substantial profits amid higher oil prices

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The Royal Dutch Shell oil company has experienced a quarterly profit increase of almost 50 percent, due to the recent boost in oil prices and their current standing as one of the foremost red diesel suppliers. The company’s profits were 4.9 billion US dollars, up 49 percent compared with the same period in 2009. This is in stark contrast to the last quarter of 2009, when Shell only managed a profit of 1.2 billion US dollars, less than one More