Shell CEO Wael Sawan joins 'Money Movers' to discuss the company's latest earnings results, oil supply amid the Iran war, and more. Got a confidential news tip? We want to hear from you. Sign up for ...
TOKYO (Reuters) -Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran.
The global oil market has faced a supply shock of high magnitude. Gas prices have spiked, and ordinary drivers feel it every time they pull up to the pump. That memory is worth keeping in mind as ...
Shell's CEO used a specific phrase on the earnings call that captures how serious the global oil supply situation has become. The shortage Sawan described has an unusual characteristic that means it ...
Severe supply gap: Shell CEO says nearly one billion barrels of crude are missing from global supply, deepening daily due to the Iran conflict. Slow restart timeline: Even if peace came now, most shut ...
LONDON, June 10 (Reuters) - Restoring a balanced crude oil market amid heavy inventory drawdowns will take a year and possibly longer, Shell CEO Wael Sawan said on Wednesday. • Sawan told a conference ...