Barclays continues to see 'material upside' in BP to 1,000p a share
11th Oct 2023 13:53
(Sharecast News) - Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Read moreLondon close: Stocks slip into red on growing Middle East concerns
9th Oct 2023 15:40
(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.
Read moreBP CEO Bernard Looney steps down
12th Sep 2023 19:55
(Sharecast News) - BP said on Tuesday that chief executive Bernard Looney has resigned with immediate effect less than four years into the job, after failing to fully disclose past relationships with colleagues.
Read moreBarclays keeps 1,000p target price for BP shares ahead of CMD
12th Sep 2023 14:04
(Sharecast News) - Analysts at Barclays stood by their 1,000.0p target price for shares of BP ahead of the oil major's next capital markets day.
Read moreLondon close: Stocks fall on back of weak services data
5th Sep 2023 15:22
(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.
Read moreLondon midday: China concerns dampen sentiment on quiet day
14th Aug 2023 10:23
(Sharecast News) - London stock markets were struggling for direction on Monday morning, as fresh concerns about China's economy and an absence of any new economic data or corporate earnings prompted investors to exercise some caution.
Read moreFTSE 100 movers: Commodity stocks rise, Hiscox sinks
9th Aug 2023 16:16
(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.
Read moreBP announces fresh share buyback, hikes interim dividend
1st Aug 2023 06:57
(Sharecast News) - BP announced a fresh share buyback programme and raised its dividend despite a sharp drop in first half profits.
Read moreTuesday preview: Global services PMIs, BP in the spotlight
31st Jul 2023 12:58
(Sharecast News) - The financial market spotlight on Tuesday would be on the latest survey readings and data out of the US.
Read moreSector movers: Big Oil drops amid caution around US debt ceiling, soft Chinese data
30th May 2023 17:06
(Sharecast News) - Big Oil was the main drag on the FTSE 350 at the start of the week as investors showed caution ahead of a key vote scheduled for the next day in the US House of Representatives on raising the government's debt ceiling deal.
Read moreBP posts $5bn Q1 profit as windfall tax debate reignites
2nd May 2023 07:14
(Sharecast News) - The debate around windfall profits on energy companies was reignited on Tuesday when oil giant BP reported a better-than-expected first quarter profit of $5bn.
Read moreG7 Russian and Australia to keep Russian oil price cap at $60 per barrel
17th Apr 2023 13:43
(Sharecast News) - G7 countries and Australia decided to maintain the current $60 a barrel price cap for seaborne crude oil supplies from Russia.
Read moreHarbour Energy, BP sign deal on UK carbon capture & storage project
11th Apr 2023 07:02
(Sharecast News) - Harbour Energy and BP have signed a deal to develop the Viking carbon capture transportation and storage project in the Humber region of north-east England, using depleted offshore gas fields.
Read moreOil prices spike following shock Opec cut
3rd Apr 2023 08:53
(Sharecast News) - Oil prices surged on Monday after a surprise decision by Opec+ nations to voluntarily cut production.
Read moreBP, ADNOC to buy 50% of Israel's NewMed Energy for $4bn
28th Mar 2023 08:02
(Sharecast News) - BP and Abu Dhabi National Oil Co (ADNOC) have made a $4bn offer to buy 50% of Israeli offshore natural gas producer NewMed Energy and take it private.
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