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BP chief expects low oil prices until at least 2016 - Financial Times
BP chief expects low oil prices until at least 2016 Financial Times Oil has recovered to near $65 a barrel since hitting a six-year low close to $45 a barrel in January. But prices remain well below the $100 a barrel they averaged between 2010 and 2014. The US shale revolution and lower demand growth saw Opec decide ... BP CEO sees oil price "softness" in second half of 2015 |
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