Shell CEO Says Pandemic May Change the Oil Business Forever

  • Consumer behavior will likely ‘be altered for some time’: CEO
  • Oil demand, prices probably won’t recover in the ‘medium term’
WATCH: Shell CEO Ben van Beurden discusses the challenges facing the oil industry amid the coronavirus pandemic.(Source: Bloomberg)
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Europe’s largest oil company is bracing for permanent change in customer behavior, signaling demand may not fully recover once the coronavirus pandemic is over.