BP CEO: USD 50-70 is stable for the oil price
Production of shale oil is a huge variable concerning the future balance of oil prices, says BP's CEO Bob Dudley. He sees balance in the market with a price of between USD 50 and USD 70 per barrel.
![](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article9087278.ece/ALTERNATES/schema-16_9/bob-dudley-bp.jpg)
by SØREN PICO
LONDON
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