AMSTERDAM, Netherlands – Royal Dutch Shell PLC has booked a record net profit of $11.6 billion in the second quarter, up 33 percent from the same period a year ago, thanks to high oil prices and the weak dollar.
The year ago figure was $8.67 billion.
The company says its selling price per barrel of oil was around $112, up from $64 a year earlier.
Chief Executive Jeroen van der Veer called the results "competitive" in a statement Thursday.
A "good operating performance, combined with increased oil and gas prices, offset the impact of weaker" results from refineries, he said.