Shell CEO Sees Risk of Even Higher Oil Prices
Oil prices are more likely to rise than fall, according to the boss of Shell.
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Oil prices are more likely to rise than fall, according to the boss of Shell.
British energy giant Shell said Thursday that its net profit soared more than five-fold to $18 billion in the second quarter, fuelled by resurgent oil and gas prices, and rewarded shareholders with another bumper buyback.
TotalEnergies Q2 profits double on soaring oil prices
CEO's of Shell and TotalEnergies communicated to the media that they see more upside risk for oil as demand has room to grow, where supply is expected to remain tight
THE mega-rich boss of Shell sparked outrage yesterday by shrugging off the fears of consumers struggling with rocketing fuel bills.Fat cat Ben van Beu