When Shell CEO Ben van Beurden delivers a speech to the industry in London on Thursday, he is expected to warn the industry against having too optimistic expectations for a speedy recovery in oil prices. He assesses that the price will remain at the current level for the rest of 2015, according to British newspaper The Telegraph, which is in possession of a draft for the speech.
"The Market will remain volatile. But currently I see no changes in the fundamental oil market circumstances," the CEO is expected to state on Thursday.
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