Lower for longer oil prices vs higher, sooner



by Ed Crooks: Sunday 1 Oct 2017
To clarify Ben van Beurden’s point, he was not forecasting that oil would be “lower forever”; he meant that Shell should be operating with the mindset that it might be. If you are a risk-averse oil producer, that makes sense. Oil consumers should probably likewise be thinking about the possibility that prices could be higher, sooner.
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Posted in: Ben van Beurden, Oil, Oil Prices, Royal Dutch Shell Plc, Shell.
Tagged: Ben van Beurden · Oil Prices · Royal Dutch Shell Plc · Shell