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February 4, 2005: Shell Oil Reports Big Profit Increase Thanks to Record Oil Prices

Shell Oil reports that its 2004 fourth-quarter net income rose 133 percent to $4.48 billion compared with the same period a year before. The dramatic increase in profits is attributed to record high oil prices. [Agence France-Presse, 1/26/2004]

Entity Tags: Royal Dutch/Shell

Timeline Tags: Events Leading to Iraq Invasion

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