SHELL'S HOLMES: CRUDE PRICES TO STAY LEVEL ANOTHER 5 YEARS

Royal Dutch/Shell Group expects a relatively flat trend in crude oil prices the next 5 years. That's the view of Peter Holmes, chairman of Shell Transport & Trading Co. and a group managing director. Holmes said the scenarios Shell used to form a framework for planning produced a range of possible oil trends for oil prices the next 5 years, "but all are relatively level." "It is too much to expect oil prices always to be at a level compatible with the contrasting needs of industrialized,

More in Home