BP sees oil price at $ 50 per barrel in 2016

BP CEO Robert Dudley said he expects global oil prices to remain at around $ 50 a barrel by the end of this year, and at or even "slightly higher" in 2017, he told reporters.

“I think that now, since 2014, we have returned to a balanced oil and gas market. The balance of supply and demand is exactly what we have achieved right now. And it will take some time to work out the levels of oil reserves, ”he said.