Energy Shares Edge Higher Alongside Oil -- Energy Roundup

FeaturesDow Jones Newswires

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.

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Write to Amy Pessetto at amy.pessetto@wsj.com

(END) Dow Jones Newswires

November 02, 2017 17:33 ET (21:33 GMT)