Oil May Reach $150 a Barrel This Year, Genel’s Tony Hayward Says

Oil prices may reach $150 a barrel this year, Tony Hayward, chief executive officer of Genel Energy Plc (GENL) and former BP Plc (BP/) CEO, said in an interview with Bloomberg HT television in Istanbul today.

Oil prices rising to $150 a barrel shouldn’t be a surprise, Hayward said in comments translated to Turkish by the news channel.

To contact the reporter on this story: Ali Berat Meric in Ankara at americ@bloomberg.net

To contact the editor responsible for this story: Aydan Eksin at aeksin@bloomberg.net

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