Many people outside the oil industry believe oil prices will decline rapidly once the Strait reopens and remain low in the coming years. However, the CEO of global oil giant Shell (NYSE:SHEL) has a different view. He expects oil prices to continue rising long after the war ends.
Ideas? What happens to Shell’s 8 year reserve life?
@c5 Wael has less than 3 years left. He has co-k blocked all top talent.
Wael is focused on the 5–10 year view because by then, he may be on his way out and more focused on padding his golden parachute than rebuilding Shell’s long-term capability.
Share price needs to go up, it will when Oil price goes up. Wael gets it
which prediction gets me the bigger bonus?