Brian Gilvary - BP
Last quote by Brian Gilvary
If OPEC cuts roll into the second half of the year we anticipate crude oil stocks would get back into the top end of the historical range. I wouldn't describe it as being majorly bullish, but it would certainly firm up and underpin prices from where they are today. If you look at total stocks right now, they are starting to decline. If the OPEC cuts get rolled into the second half of the year that will underpin oil prices. If they don't get rolled into the second half of the year we will continue to see more volatility.feedback
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Brian Gilvary is associated, including progress and environment. Most recently, Brian Gilvary has been quoted saying: “From BP's perspective we're managing things around $50-55 a barrel, that's probably the range we would expect for the rest of the year.” in the article Oil stockpiles slip to five-year average if OPEC extends cuts: BP. Some other articles where Brian Gilvary has been quoted include BP says to balance books at $35-40/bbl oil price by 2021.
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Quotes by Brian Gilvary
May 02 2017
From BP's perspective we're managing things around $50-55 a barrel, that's probably the range we would expect for the rest of the year.feedback
Feb 28 2017
Over the next five years we expect this to fall to around $35-40 a barrel for the group overall.feedback
Feb 07 2017
If everything holds in terms of what OPEC has said I think we will hold north of $50 a barrel.feedback
Nov 01 2016
We continue to make good progress in adapting to the challenging price and margin environment. We remain on track to rebalance organic cash flows next year at $50 to $55 a barrel, underpinned by continued strong operating reliability and momentum in resetting costs and capital spending.feedback
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