02-02-2017 08:56 via uk.news.yahoo.com

Shell profit misses forecast due to forex-related charge

By Ron Bousso and Karolin Schaps LONDON (Reuters) - Royal Dutch Shell's profits were lower than forecast in the last quarter of 2016 due to an unexpected charge relating to foreign exchange moves, but it was still ahead of its larger U.S. rival Exxon Mobil . Shell's full year production rose by nearly a quarter from a year earlier to 3.668 million barrels of oil equivalent, reflecting the integration of BG Group's operations following its acquisition in February last year. Shell booked a $763 mi
Read more »