BP says U.S. shale oil output to keep a check on spike in oil prices
CAIRO, Feb 14 (Reuters) - BP's CEO said on Tuesday that U.S. shale oil production will keep a check on any spikes in oil prices.
Bob Dudley, speaking at an media conference, also said he sees about $55-60 per barrel as a healthy price for crude oil.
Egypt has gone from exporting energy to being a net importer as domestic output has failed to keep pace with rising demand. (Reporting by Lin Noueihed and Eric Knecht; Editing by Louise Ireland (Other OTC: IRLD - news) )