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By Ron Bousso
LONDON, March 12 (Reuters) - Royal Dutch Shell's
2020 earnings from trading crude oil and refined products
doubled from the previous year to $2.6 billion, providing a
boost to offset the drop in energy demand due to the coronavirus
pandemic.
Shell's oil trading operations, known internally as Trading
& Supply, accounted for 43% of the oil products division's total
earnings of $5.995 billion in 2020.
Trading earnings totalled $1.3 billion in 2019, according to
the report, which was released on Thursday.
Shell, the world's largest energy trader, saw a 28% drop in
oil sales last year, the report said.
(Reporting by Ron Bousso; editing by Edmund Blair and Jason
Neely)