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Shell (SHEL LN) CEO expects oil prices to remain structurally stable at elevated levels, having previously anticipated a temporary price spike six months ago; replenishing inventories will take time

ORIGINAL · NewsquawkShell (SHEL LN) CEO expects oil prices to remain structurally stable at elevated levels, having previously anticipated a temporary price spike six months ago; replenishing inventories will take timeRead originalHide original

In deep talks with regards to chemical asset sales. CFO: Share buybacks remain an attractive opportunity. Not hesitant to increase the dividend. The inability to export gas from Qatar will also affect Q4 results.

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Shell’s CEO expects elevated oil prices to remain structurally stable; the CFO cited attractive buybacks, openness to a dividend increase, and a Qatar gas export impact on Q4 results.

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In deep talks with regards to chemical asset sales. CFO: Share buybacks remain an attractive opportunity. Not hesitant to increase the dividend. The inability to export gas from Qatar will also affect Q4 results.

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