LONDON, July 29 (Reuters) - The chief executive of BP Plc (BP.L) said on Tuesday he saw demand destruction of 5 percent to 10 percent for gasoline in developed OECD economies, as people drive less due to high prices.
CEO Tony Hayward was speaking at a news conference after BP reported earnings. (Reporting by Tom Bergin, writing by Alex Lawler, editing by Anthony Barker)
© Thomson Reuters 2009 All rights reserved
Join the Reuters Consumer Insight Panel and help us get to know you better
Reuters.com:
Help and Contact Us |
Advertise With Us |
Mobile |
Newsletters |
RSS
|
Labs |
Archive |
Site Index |
Video Index
Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers
International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
