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Former Royal Dutch Shell President Won't Be Surprised To See Crude Oil Bottom Out Now, Start To Go Up In Late Spring
Sunday, January 11, 2015 - 2:35pm | 389Crude oil took a big cut on Friday following the release of the December Jobs data. Although it continues to trade below $50 and make new lows, some experts are predicting this to be the bottom. John Hofmeister, former U.S. president of Royal Dutch Shell plc (ADR) (NYSE: RDS-A) and founder of...
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Egypt's Second Revolution Affects Crude Oil
Friday, July 5, 2013 - 10:51am | 341John Hofmeister, former Shell President and Citizens for Affordable Energy CEO, appeared on CNBC's Squawk Box Friday morning to discuss how the recent revolution in Egypt effects oil prices. Crude oil has been high this week, and is currently just below $102 a barrel. "Traders always look for...