Tag Archives: Warns

Europe’s biggest oil company warns of ‘tough and uncertain’ market as coronavirus fears intensify

The chief executive of Royal Dutch Shell is preparing for a tough and uncertain energy market, amid heightened fears China’s fast-spreading coronavirus could suppress oil demand growth. It comes amid speculation that OPEC and allied non-OPEC producers could soon step in to extend production cuts in order to support falling oil prices. Financial markets have been spooked… Read More »