The price of Brent Crude is likely to fall to a range between $90 and $100 a barrel, BP PLC (BP.LN) Chief Executive Bob Dudley said Monday, although he added that the U.K. super major doesn't expect the U.S. to go into a "double-dip recession."

"Ninety to a hundred feels like the band that will operate in the near future," said Dudley. Brent crude futures were trading at $111.45 at 1120 GMT. The price of the front-month December contract fell Monday amid worries Europe 's sovereign debt crisis may not be tackled as soon as hoped.

However, Dudley said he didn't expect the U.S. economy to worsen. "We don't see the data that we're going into a double-dip recession" in the U.S. , said Dudley .
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