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Genel Energy CEO Hayward Sees Oil Prices in $100-$120 Range

Bloomberg -- Genel Energy CEO Hayward Sees Oil Prices in $100-$120 Range
By Ercan Ersoy - Apr 30, 2012 9:45 AM CT .Facebook Share LinkedIn Google +1 0 Comments
Print QUEUEQ..Oil prices will range between $100 and $120 a barrel “for the time being,” said Tony Hayward, chief executive officer of Genel Energy Plc (GENL) and ex-BP Plc (BP/) CEO.

Political events may see a spike above $120 a barrel, Hayward told reporters in Istanbul while attending a Black Sea environmental conference where he spoke about his experience as BP CEO during the oil spill accident in the Gulf of Mexico.

Oil in New York reached $110.55 on March 1, the highest intraday level since May, amid speculation that European and U.S. sanctions aimed at halting Iran’s nuclear program would disrupt Middle East shipments.

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Submitted Apr 30, 2012 By: dtrjudy

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REPLIES (newest first)Ignore Short Messages

52MPG Champion Author Dayton Posts:7,397 Points:1,767,680 Joined:Apr 2006	Message Posted: May 1, 2012 3:36:51 PM Ignore 52MPG Report Abuse I think most predictions are worthless.
lesndave Champion Author Texas Posts:3,168 Points:727,655 Joined:May 2011	Message Posted: Apr 30, 2012 6:46:03 PM Ignore lesndave Report Abuse He can guess with the rest.
kag2010 Champion Author Winnipeg Posts:5,394 Points:1,047,460 Joined:Apr 2010	Message Posted: Apr 30, 2012 4:10:00 PM Ignore kag2010 Report Abuse I hope he is wrong.
md11capt Champion Author Denver Posts:3,558 Points:728,430 Joined:Mar 2011	Message Posted: Apr 30, 2012 2:59:13 PM Ignore md11capt Report Abuse That's per gal.
TripleHs Champion Author Austin Posts:3,435 Points:940,090 Joined:Oct 2009	Message Posted: Apr 30, 2012 2:27:47 PM Ignore TripleHs Report Abuse does anyone pay any attention to those kinds of things those days??? it cannot be serious
TripleHs Champion Author Austin Posts:3,435 Points:940,090 Joined:Oct 2009	Message Posted: Apr 30, 2012 2:25:59 PM Ignore TripleHs Report Abuse haha, I See Oil Prices in $10-$12 Range, LOL
johnd900 Veteran Author Massachusetts Posts:475 Points:192,305 Joined:Jan 2012	Message Posted: Apr 30, 2012 2:22:40 PM Ignore johnd900 Report Abuse I hope he is wrong.
Rockyguitar Champion Author Tampa Posts:2,688 Points:1,228,095 Joined:Sep 2008	Message Posted: Apr 30, 2012 2:21:07 PM Ignore Rockyguitar Report Abuse Blah, blah, bla! More guesses
uglytom Champion Author Florida Posts:7,464 Points:1,542,015 Joined:Jul 2007	Message Posted: Apr 30, 2012 1:54:18 PM Ignore uglytom Report Abuse SEES? Guesses...yes.
bills299 Champion Author Atlanta Posts:3,501 Points:931,215 Joined:May 2005	Message Posted: Apr 30, 2012 1:52:14 PM Ignore bills299 Report Abuse What does he know??
Rich1430 All-Star Author Indiana Posts:764 Points:277,500 Joined:Mar 2012	Message Posted: Apr 30, 2012 1:36:20 PM Ignore Rich1430 Report Abuse He may be entitled to his opinion of energy prices but he Is not worth the millions of dollars he pockets in salary per year as CEO of any company.