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Last Updated: March 8, 2018
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After accurately predicting the prolonged length of the recent oil bust, BP Chief Executive Bob Dudley now sees a healthy "fairway" with oil prices remaining above $50 a barrel but below $70.

That's actually a better situation long term for an energy sector that tended to go overboard with oil production and ignore efficiencies when oil was hovering above $100 a barrel for a while until late 2014, he said.

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