OPEC AND OIL PRICES
BP Sees $15/B through 199O
British Petroleum (BP) is forecasting an oil price of $15/B over the next four years and believes that this will inevitably entail higher prices in the 1990s, according to its Chairman, Sir Peter Walters. At a press conference in London on 28 September Sir Peter said BP was assuming a price of $15/B through 1990 as a basis for investment decisions, and that "it is almost axiomatic that if you have a long period of low prices like...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!