Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas prices.
Net income attributable to shareholders on a current cost of supplies (CCS) basis, used as a proxy for net profit, and excluding identified items, came in at $5.322 billion from a year ago. This compared to a company-provided analyst consensus of $5.277 billion.
Over the same quarter last year, net income was $3.754 billion. […]