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Rising prices boost Shell and BP
Oil firms Royal Dutch Shell and BP have seen first quarter profits boom thanks to the rising price of oil, which is close to $120 a barrel.
Shell made profits of $7.8bn (£3.9bn) in the first three months of the year, up from $6.9bn a year ago.
And rival BP saw its profits rise 48% to $6.6bn (£3.31bn), from $4.4bn.
http://news.bbc.co.uk/2/hi/business/7372509.stm
Oil firms Royal Dutch Shell and BP have seen first quarter profits boom thanks to the rising price of oil, which is close to $120 a barrel.
Shell made profits of $7.8bn (£3.9bn) in the first three months of the year, up from $6.9bn a year ago.
And rival BP saw its profits rise 48% to $6.6bn (£3.31bn), from $4.4bn.
http://news.bbc.co.uk/2/hi/business/7372509.stm