Energy shares edged higher alongside oil prices.
Royal Dutch Shell PLC said its profits nearly tripled in the third quarter compared with a year earlier, helped by recovering oil prices, better conditions for its refineries and an increase in oil-and-gas production. Shell's earnings were lifted by conditions that have boosted the fortunes of most big oil companies, which have regained a level of equilibrium after years of scrambling to adapt to the sharp drop in oil prices since 2014.
Continue Reading Below
Write to Amy Pessetto at email@example.com
(END) Dow Jones Newswires
November 02, 2017 17:33 ET (21:33 GMT)