Shell Fourth-Quarter Profit Plunges as Oil's Slump Deepens

By
Rakteem Katakey
  • Fourth-quarter adjusted earnings seen as low as $1.6 billion
  • BG also reports results, with output expected to beat forecast

Davos Leaders Sum up Oil's Plunging Price

Royal Dutch Shell Plc, which is buying BG Group Plc in the industry’s largest deal in a decade, expects fourth-quarter profit to drop at least 42 percent after the rout in crude prices deepened. 

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