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BP PLC (NYSE:BP) shares are trading lower after the company reported third-quarter results. Sales and other operating revenues came in at $47.254 billion, missing the consensus of $52.557 billion.
Tuesday is looking like a bad day to be invested in oil stocks, as downbeat news in the oil sector takes a toll on shares of oil majors ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), and BP ...
BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a non-controlling stake in BP Pipelines TAP Limited for around $1 billion. The bp ...
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
On 4 October, the Petrol Retailers Association said some forecourts in South East England had been without fuel for a week. [14] On 13 October, Asda reported not having had a shortage of fuel for a week, [15] and by 22 October the BBC reported that stock levels in service station storage tanks were at their highest levels since May. [3]
BP's stock fell by 51% in 40 days on the New York Stock Exchange, going from $60.57 on 20 April 2010, to $29.20 on 9 June, its lowest level since August 1996. On 25 June, BP's market value reached a 1-year low. The company's total value lost since 20 April was $105 billion.
US stocks were mostly lower on Monday, pulling back from last week's record highs. Investors are turning their attention to third-quarter earnings season, with 21% of S&P 500 companies set to ...