Business News for English Learners

Shell is a big oil company. Shell made $6.9 billion in three months. This is more than last year. Oil prices went up. The Iran war made prices high. Oil cost $73 a barrel before the war. Now it is about $101. Shell

The United Arab Emirates is called UAE. The UAE sells oil. It is part of an oil group called OPEC. The UAE will leave OPEC on 1 May 2026. The UAE was in OPEC for 60 years. The UAE was not happy in OPEC. OPEC told the

Gas is very expensive in America now. A war makes oil cost more. The average price is more than $4 per gallon. In California, gas costs almost $6. Some places charge $8 for one gallon. This is a very big oil problem.