Shell first-quarter profit slips but easily beats forecasts

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Shell first-quarter profit slips but easily beats forecasts
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Royal Dutch Shell on Thursday reported a 2 percent fall in first quarter profits...

FILE PHOTO: The logo of Royal Dutch Shell is seen at a petrol station in Sint-Pieters-Leeuw, Belgium January 30, 2019. REUTERS/Yves Herman

LONDON - Royal Dutch Shell on Thursday reported a 2 percent fall in first quarter profits, easily beating expectations, as lower oil prices and refining profits were offset by stronger trading and higher liquefied natural gas prices. Net income attributable to shareholders, based on current cost of supplies and excluding identified items, fell to $5.43 billion from a year earlier.Reporting by Ron Bousso; editing by Jason Neely

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