Oil prices settle lower but notch fourth-weekly gain on demand optimism [Yahoo! Finance]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
summer energy demand is underway at time when weather-related supply disruptions remain in focus. At 14:30 ET (18:30 GMT), Brent oil futures fell 1% to $86.54 a barrel, while West Texas Intermediate Crude futures fell 0.9% to $83.16 a barrel. Crude prices were headed for a fourth week of strong gains, amid expectations that oil markets will tighten further in the coming months, although trading volumes were muted on account of the U.S. market holiday on Thursday. Demand optimism in focus; Rig counts unchanged U.S. travel demand in particular was a key source of this optimism, as analysts forecast record-high travel activity in the world's biggest fuel consumer through the independence day week. Bets on stronger demand were furthered by data showing a massive drawdown in U.S. oil inventories over the past week, as fuel retailers prepared for holiday travel. This week is also expected to have seen sharp drawdowns in crude inventories. On the supply front, meanwhile, the numb
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BP
News
- BP (BP) Outpaces Stock Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Enbridge Expands Gulf of Mexico Operations for BP's Kaskida Hub [Yahoo! Finance]Yahoo! Finance
- UK makes £22bn commitment to fund carbon capture and storage [Yahoo! Finance]Yahoo! Finance
- Top UK Dividend Stocks To Consider In October 2024 [Yahoo! Finance]Yahoo! Finance
- BP p.l.c. (NYSE: BP) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
BP
Earnings
- 7/31/24 - Miss
BP
Sec Filings
- 10/1/24 - Form 6-K
- 10/1/24 - Form 6-K
- 9/24/24 - Form 6-K
- BP's page on the SEC website