Shell CFO Sees Oil Industry Cost Inflation
"We are seeing wage inflation and inflation effecting the supply chain and we are actively managing it," Uhl told reporters in a conference call following the company's third quarter results.
"It is certainly getting a bit tougher than it was a year or two ago."
Service costs around the world plunged following the 2014 oil price crash and have been slow to recover despite crude prices surging to four-year high last month.
(Reporting by Ron Bousso Editing by Edmund Blair)