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.
Most Recent Videos
Draghi: Mustn’t Use Policy to Pop Local Bubbles
09:31 - European Central Bank President Mario Draghi issued a reminder that the European Central Bank doesn’t tighten monetary policy to tame localized bubbles. He spoke in his role as chair of the European Systemic Risk Board at the ESRB Conference in Frankfurt. (Source: ESRB) (Source: Bloomberg)