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Royal Dutch Shell
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Deutsche Bank 2012 Global Oil & Gas Conference
| Simon Henry | Page 5 of 11 |
November 23, 2024
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"Deutsche Bank 2012 Global Oil & Gas Conference"
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ENERGY INVESTMENT FUNDAMENTALS 12140 ROBUST LONGER TERM FUNDAMENTALS energy demand outlook in million boe/d MANAGING SHORT-TERM VOLATILITY $/bbl $ per unit of measurement 10 120 400 6 8 80 100 300 4 40 60 100 200 0 2 0 20 0 2008 2009 2010 2011 2012 1980 1990 2000 2010 2020 2030 2040 2050 Brent (LHS) WTI (LHS) Henry Hub $/mmbtu (RHS) Oil Gas Biomass Wind Coal Nuclear Solar Other Renewables Sh ll ti iti Western Canada Select (LHS) Copyright of Royal Dutch Shell plc 27 September 2012 5 Source: Shell analysis Hub Renewables e ac v es Weighted average refining margin $/bbl (RHS)