{"id":18073,"date":"2015-06-03T11:37:58","date_gmt":"2015-06-03T11:37:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=18073"},"modified":"2015-06-03T11:37:58","modified_gmt":"2015-06-03T11:37:58","slug":"bp-ceo-sees-oil-price-softness-in-second-half-of-2015","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bp-ceo-sees-oil-price-softness-in-second-half-of-2015\/","title":{"rendered":"BP CEO sees oil price &#8220;softness&#8221; in second half of 2015"},"content":{"rendered":"<p>VIENNA: BP Chief Executive Bob Dudley said on Wednesday he sees &#8220;some softness&#8221; in oil prices in the second half of the year as global supplies continue to grow. <\/p>\n<p>&#8220;Supply growth continues to go up. We are at a balance with the supply and demand right now,&#8221; he said on the sidelines of the Organization of the Petroleum Exporting Countries (OPEC) seminar. <\/p>\n<p>&#8220;I think we can see some softness in price continuing and as a result as an industry we must readjust cost structures, tax structures around the world,&#8221; Dudley said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VIENNA: BP Chief Executive Bob Dudley said on Wednesday he sees &#8220;some softness&#8221; in oil prices in the second half of the year as global supplies continue to grow. &#8220;Supply growth continues to go up. We are at a balance with the supply and demand right now,&#8221; he said on the sidelines of the Organization of the Petroleum Exporting Countries (OPEC) seminar. &#8220;I think we can see some softness in price continuing and as a result as an industry we must readjust cost structures, tax structures around the world,&#8221; Dudley said.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-18073","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/18073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=18073"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/18073\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=18073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=18073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=18073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}