# Shell raises buyback as high oil prices fuel bumper profits

https://mins.news/en/item/120416

- Financial Times, 2026-10-29 07:42 UTC
- Economy
- Original: https://www.ft.com/content/5ded8d57-46f5-406c-a4ce-e58415b8d4ad?syn-25a6b1a6=1

> Shell is increasing its buyback after high oil prices helped deliver strong profits. Its adjusted third-quarter earnings were $10.8bn, the second-highest on record.

## Related coverage

- [Shell profits double to $10.8bn as Iran war lifts oil margins](https://mins.news/en/item/120373) — The Guardian, 2026-10-29
- [Shell’s quarterly profit nearly doubles as refining margins hit a record](https://mins.news/en/item/120318) — CNBC, 2026-10-29
