Shell CEO: Don’t Expect V-Shaped Oil Demand Recovery

The global economy and oil demand are most likely not headed for a V-shaped recovery as the pandemic will have a knock on energy demand for years, Shell’s chief executive Ben van Beurden told IHS Markit Vice Chairman Daniel Yergin in an interview.   “It’s most likely not going to be a V-shaped recovery,” van Beurden said.   While gasoline demand is recovering due to increased use of personal transport, energy demand and some of the demand for mobility will continue to be lower even when the virus is behind us,…