Hayward says $60 oil needed for investment

A drop in oil prices to below $60 to $70 per barrel will stop new investments to develop new energy supplies, BP boss Tony Hayward said today.

$60 at least: Hayward says floor needed to ensure investment.
$60 at least: Hayward says floor needed to ensure investment.
Published 23 March 2010, 19:47Updated 16 July 2012, 09:36
Europe