BP BP PLC
- 34.110
- +0.610+1.82%
- 34.100
- -0.010-0.03%
BP PLC News
BP Buys $50M Stake in Chinese Sustainable Aviation Fuel Producer
BP Slides to Two-year Lows While Shell Gains With Focus on Shareholder Returns
BP Slumps to Two-Year Low as Investors Spurn Green Shift
BP Shares Fall to Two-year Low as Investors Spurn Green Shift
Oil prices fall + production cuts, Saudi Arabia's June oil exports drop to a three-year low.
Due to falling oil prices and production cuts, Saudi Arabia's petroleum export revenue has fallen to its lowest level in three years.
Norway, the largest supplier country, is entering maintenance season, and the European natural gas market is facing a major test.
The European natural gas market is at a critical moment as Norway's huge natural gas industry is about to begin its annual large-scale maintenance.
Energy analysts warn of hidden concerns in the oil market. OPEC+ production increase decision may be restricted.
① Dai Sipan said that due to the increasing supply from the United States, Brazil, and Guyana, the space for OPEC+ to increase production may be relatively limited, as excessive production increases may bring downward pressure on oil prices; ② At the time of writing, Brent crude oil futures' continuous main contract price was reported at $77 per barrel, down nearly 2.5% for the week, narrowing the year-to-date gain to less than 1%.
US Total Crude Oil Stocks Decline in Week Ended Aug. 16
Sector Update: Energy Stocks Mostly Higher Pre-Bell Wednesday
BP plc Chief Economist: Limited space for OPEC+ production increase.
Spencer Dale, Chief Economist of BP plc, stated that with the continuous increase in oil supply from the USA, Brazil, and Guyana, there is limited room for OPEC+ to increase production, as this will put pressure on oil prices.
Oil Bottoms Out After UK Navy Reports New Attacks in Red Sea
BP Capital Markets' Kangaroo Debt a Vote of Confidence -- Market Talk
Top Gap Ups and Downs on Tuesday: BAC, BABA, PANW and More
BP-Iraq Deal on Kirkuk Fields to Use Profit-sharing Model - Reuters
Oil: OPEC+ Set to Postpone the Expansion of Production – Commerzbank
Express News | BP To Develop Iraq's Kirkuk Oil Fields Under Profit-Sharing Model, Final Agreement Expected By End Of 2024
BofA Predicts Crude Oil Surplus in 2025 on More Supply, Slower Demand Growth -- OPIS
Oil Price Recovery Stalls Amid New Demand Concerns, Commerzbank Says
What Do Softer Fundamentals Mean for the Oil Market?
Oil Prices No Longer Baking-in Geopolitical Risk Premium for Current ME Conflict
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