Spanish energy group Repsol on Thursday posted a more than fourfold rise in profit for the second quarter from the same period of the previous year, boosted by high oil and gas prices.
Adjusted net income hit €2.12 billion (US$2.17 billion) in the quarter from €488 million in the same period of the previous year, partly thanks to Brent crude oil prices which were 65% higher and Henry Hub gas 157% higher on average.
The result overshot analysts polled by the company who had expected net profit of €1.94
