Shell CEO Sees Oil at `Much Higher Levels' in Long Term
Jan. 29 -- Royal Dutch Shell Plc Chief Executive Officer Ben Van Beurden said "the fundamentals of supply and demand will reassert themselves" and "oil prices will revert to much higher levels" in the long term.
He spoke with Mark Barton on Bloomberg Television's "Countdown" after Shell reported lower-than-expected fourth-quarter profit.
Shell 4Q Adjusted Profit $3.3B; Est. $4.1B
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