BP CEO Says Debt Can Rise to Sustain Dividend During Oil Slump

  • CEO Bob Dudley says he isn't "nervous" about rising leverage
  • BP suggests it could reduce spending if oil prices remain low

BP CEO Dudley: We Can Balance Books at $60 Oil

BP Plc is happy to let its debt rise this year to maintain dividends during the slump in oil prices, Chief Executive Officer Bob Dudley said in an interview.

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