BP makes two-year plan for dust to settle at average of $60 a barrel

After selling $50bn of assets in the fallout of the Deepwater Horizon disaster, the company sets out its stall for the future

Sixty is the magic number, at least for BP. The oil firm has drawn up its financial plan for the next two years and it revolves around the price of oil settling at around $60 per barrel.

There is a slight problem with this - in the past three months the average price of a barrel was about $50. However, that did not stop boss Bob Dudley hailing the company's decisiveness in its third quarter results.