Posts Tagged "Energy Revolution"

Have The Oil Bulls Reached A Dead-end?

Posted By Darren Winters on Jul 13, 2017

Forecasting the price of an asset sometime in the future is tricky, even more so for oil prices. Indeed, just a few months ago BP’s CEO Bob Dudley was assuming oil price to be around $55 to $60 for the next five years. Have The Oil Bulls Reached A Dead-end? BP assuming 55 to 60 dollar oil for the next 5 years BP is assuming $55 to $60 oil for the next five years, CEO Bob Dudley says www.cnbc.com Persistently low oil prices will...