VLADIVOSTOK, Russia (Reuters) - BP Chief Executive Robert Dudley said on Friday he expected global oil prices to remain at around $50 per barrel till the end of this year and at the same level or even "little above" in 2017, he told reporters in Vladivostok.
"I think for now, since 2014, we are back into the balance with oil and gas. Supply and demand balance is just about being reached right now. But this will take quite some time to work off the stock levels of oil," he said.
(Reporting by Vladimir Soldatkin; Writing by Katya Golubkova; Editing by Christian Schmollinger)
Robert Dudley Baxter (3 February 1827, Doncaster – 1875, Frognal) was an English economist and statistician.
Life
Robert Dudley Baxter was educated privately and at Trinity College, Cambridge University. He studied law and entered his fathers firm of Baxter & Co., solicitors, with which he was connected until his death. Though studiously attentive to business, he was enabled, as a member of the Statistical and other learned societies, to accomplish much useful economic work. sfn|Chisholm|1911
Works
His principal economic writings were:
*The Budget and the Income Tax, 1860
*Railway Extension and its Results, 1866
*The National Income, 1868
*The Taxation of the United Kingdom, 1869
*National Debts of the World, 1871
*Local Government and Taxation, 1874
His purely political writings included:
*The Volunteer Movement, 1860
*The Redistribution of Seats and the Counties, 1866
*History of English Parties and Conservatism, 1870
*The Political Progress of the Working Classes, 1871
| Linked companies | |
|---|---|
BP Oil Australia Pty Ltd.
 BP Oil Australia Pty Ltd. Oil & Gas ProductionEnergy Minerals BP Oil Australia Pty Ltd. is engage in engaged in the exploration, production and development of oil, natural gas and liquefied natural gas; and the refining, and transportation and marketing of petroleum and lubricant products. The company was founded on April 16, 1962 and is headquartered in Melbourne, Australia. | Chief Executive Officer |
BP Egypt
 BP Egypt Oil & Gas ProductionEnergy Minerals BP Egypt explores, produces, refines and distributes petroleum and natural gas products. The company is headquartered in Maadi, Egypt. | Chief Executive Officer |
