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Jul 9, 2005

OIL - UK - Profits and Petrol Price

UK -Transport News Network, by Gerald Woodgate - 22/06/2005: -- With the fuel protests still going on up and down the country, Shell has published its first quarter figures... The company makes a staggering £1.6 million profit every hour and its income has risen by 42% to £3.5bn in the period... The company were quick to point out that they had made a loss on petrol sales in the first quarter due to the higher cost of buying crude oil on the open market. However they refused to give figures...

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