Shell, one of the world’s largest oil companies, has warned that the low price of oil could reduce the value of its assets by up to $22bn (£17.9bn). It said it expects oil to change hands at $60 per barrel in the long term and to be priced at $35 this year and $40 next …
Author: Capt. John
https://www.hellenicshippingnews.com/shell-takes-22bn-hit-over-low-oil-prices/