05.02.2016 - Royal Dutch Shell boss predicts rebound in oil price
The global oil market will rebalance later this year, paving the way for a recovery in crude prices from their lowest level in more than a decade, according to Royal Dutch Shell’s chief executive. Striking a bullish stance as the Anglo-Dutch oil company reported an 80 per cent slide in profits last year, Ben van Beurden argued on Thursday that the “unprecedented” volatility in oil prices did not reflect fundamental supply and demand...............................................Full Article: Source
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