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Contributor: Tim Haïdar
Posted: 07/19/2015
Tim Haïdar
In the week after a historical deal was reached over Iran’s nuclear programme, paving the way for a deluge of crude into the marketplace, voices warned that an oil price recovery may be years in the making. Andy Brown, upstream international director for supermajor Royal Dutch Shell, and one of the key candidates to replace Peter Voser as CEO in 2014, remarked: "We are not banking on an oil price recovery overnight. It will take several years but we do believe fundamentals will return." Full Column »