The last of the energy majors to report results, Shell joins sector rivals, including BP and TotalEnergies in making big profits from the commodity price volatility stoked by Russia's invasion of Ukraine that began on Feb. 24.
Shell's shares rose 3.3% in early trading, outperforming the 1.8% rise of an index of oil and gas companies. Its contracts to import refined oil products from Russia will also end, it said, adding it still had running long-term contracts to buy Russian liquefied natural gas .
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