Oil Prices Won't Recover Anytime Soon Says Exxon CEO

There is mounting evidence that oil prices are poised to rebound from a historic bust.But what if the bust is not over yet? Despite the signs of a rebound, ExxonMobil’s CEO Rex Tillerson has a much more bearish take on oil prices. Speaking at the IHS CeraWeek conference in Houston, Tillerson predicted that oil prices would remain subdued for the next several years .... http://www.zerohedge.com