Oil giant Shell beats profit expectations despite weaker crude prices
1. Shell's third-quarter profits dropped due to weaker crude prices. 2. Adjusted earnings of $5.4 billion exceeded analyst expectations. 3. Last year's profit for the same quarter was $6 billion. 4. Shell's share price has increased by 16% year-to-date. 5. Equinor reported a sharper-than-expected profit decline.