16:43 GMT01 March 2021
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    Oil in Turmoil (134)

    UK oil and gas giant British Petroleum (BP) Executive Director Robert Dudley expects oil prices to stand at $50 per barrel in 2016.

    VLADIVOSTOK (Sputnik) – Speaking on the sidelines of the Eastern Economic Forum (EEF) on Friday, Dudley said that he expects the oil price to stand at $50 per barrel or slightly higher next year as well.

    He specified that BP considers the addition of Iranian oil to the market in making its predictions.

    Oil in Turmoil (134)


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    oil prices, 2016 Eastern Economic Forum, BP, Robert Dudley, Britain
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