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    BP CEO: Oil market is in balance

    By hellenicshippingnews “The oil market is “pretty much in balance,” Bob Dudley the chief executive of BP has told CNBC. Speaking at the World Energy Conference in Istanbul he said the current oil price was giving producers a little more breathing room. “We look at it on a daily basis and it is pretty much in balance. … Read full story ›

    Source:: Hellenic shipping news Oil