Shell profits soar after oil price bounce back

Shell reported underlying earnings more than doubling to $15.8bn (€12.7bn) last year, up from $7.2bn (€5.79bn) in 2017.

Oil giant Royal Dutch Shell has hailed a "strong" annual performance after profits more than doubled thanks to the surging cost of crude.

The group posted underlying earnings of $15.8bn (€12.7bn) last year, up from $7.2bn (€5.79bn) in 2017.