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Shell chief warns of era of energy volatility

Financial Times

By Ed Crooks in New York

Published: September 21 2011 23:40


Oil and gas supplies will struggle to keep up with world demand growth, making energy prices more expensive and more volatile in the long term, the head of Europe’s largest oil company has warned.

Peter Voser, the chief executive of Royal Dutch Shell, told the Financial Times:

“We will have a lot of volatility ahead of us that we cannot avoid … for energy prices in general.”

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