BP BP Plc

--BP PLC (BP.LN) Chief Executive Bob Dudley says U.S. shale and OPEC production will cause oil prices to cool, Reuters reports.

--Reuters reports that, according to Mr. Dudley, BP expects oil to fall to between $50 and $65 a barrel.

--However, Mr. Dudley said that the U.S. withdrawal from the Iran nuclear deal has brought a lot of uncertainty to the market, Reuters reports.

Full story: https://reut.rs/2rQ6wOK

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(END) Dow Jones Newswires

May 18, 2018 09:00 ET (13:00 GMT)

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