Taken from 'The Guardian' newspaper in the U.K today (third Sept
2008) Shell was today accused of making "obscene" profits at a time
when pensioners, motorists and industry are struggling with higher
energy prices when it unveiled annual earnings of $27.6bn
(♀13.9bn). The oil major has made British corporate history with
the record figures, which are equivalent to more than ♀1.5m an hour
and come at the end of a three month period when crude prices have
averaged over $90 a barrel.
Related Q&A：
How much profit do oil companies make each year？Well, that's a bit of a tricky question, you know. The profits of oil companies can vary quite a lot from year to year. It depends on a bunch of factors like the global price of oil, production levels, operational costs, and market demand. Sometimes, they can make huge profits when the oil prices are high and their operations are efficient. But in other years, with lower prices or unexpected challenges, the profits might not be as spectacular. On average, though, some major oil companies can rake in billions of dollars in a good year. But it's really hard to put an exact number on it.
