Shell CEO sees long-term oil price at $90/barrel
By Staff Reporter | Jan 29, 2015 08:36 AM EST
Oil prices should reach a long-term equilibrium of $90 per barrel, Royal Dutch Shell's (RDSa.L) Chief Executive Ben van Beurden told a conference call on Thursday.
He said it was impossible to predict when prices would return to those levels and said oil prices were poised to remain volatile in the mid-term.
Most Popular
-
1
IBM Appealing Judgement Against BMC, Succeeds in Reversing $1.6 Billion Verdict in Non-Displacement Lawsuit -
2
Tesla’s EV Supercharger Team Getting Disbanded, Leaving Officials, Suppliers Uncertain on Musk’s Future Plans -
3
Availability Bias: The Mental Trap When Relying Too Much on Search Engines -
4
10 Labor Day Facts: Knowing The Foundation and Legacy of America's Workforce -
5
Top 5 Side Hustles You Can Start in 2024 with $0 Start-Up Cost -
6
The Three Income Streams That Brought in $400/month While This Blogger Was Cruising The World -
7
Top 3 Side Hustle Mistakes To Avoid, According to Mind Brain Emotion CEO