BP
NYSE · Energy
BP p.l.c.
$45.56
+0.77 (+1.72%)
BP News30 articles
BP Shares Slide as Crude Plunge Erases Refinery Sale Gains
BP shares declined 4.2% in London trading after Brent crude prices fell 10.9% to $99.94 per barrel. The drop offset recent gains driven by the company's refinery sale and cost-cutting initiatives.
Crude Oil Tumbles on De-escalation Hopes, Equities Rally
Oil prices dropped sharply as the U.S. delayed military action against Iran, easing immediate supply fears. Major equity indices rebounded strongly.
Brent Crude Surges to Multi-Year High on Middle East Supply Disruptions
Oil prices closed the week at a nearly four-year peak as escalating Middle East conflicts and Iraq's force majeure declaration on oilfields intensified supply fears. Brent crude settled at $112.19 per barrel.
Gulf Attacks Propel Oil, Widen Brent-WTI Gap to 2015 High
Oil prices experienced extreme volatility Thursday following Iranian strikes on Gulf energy infrastructure, with Brent crude briefly exceeding $119 a barrel. The attacks have damaged Qatar's LNG export capacity and widened the key Brent-WTI spread to its largest margin since 2015.
U.S. Gas Prices Approach $4 as Mideast Conflict Drives Oil Surge
U.S. gasoline prices climbed toward $4 per gallon Thursday as Brent crude briefly surpassed $119 following Iranian strikes on Gulf energy facilities, with diesel topping $5 for only the second time on record.
Iran Threats Spark 5% Oil Surge, Brent Tops $108 Amid Gulf Tensions
Oil prices jumped sharply as Iran threatened strikes on Gulf energy infrastructure, pushing Brent crude up 5% to $108.56 a barrel. The escalation offset a large U.S. crude inventory build, with traders focused on geopolitical risks.
European Markets Retreat on Geopolitical Tensions and Economic Data
European equities declined on Friday, pressured by sustained high oil prices and geopolitical concerns. The STOXX 600 index fell 0.5%, heading for a second consecutive weekly loss.
FTSE 100 Retreats on Oil Spike, Rate Cut Hopes Dim
London's FTSE 100 declined 0.7% in early Thursday trading as Brent crude surged past $100 a barrel, dampening expectations for near-term Bank of England rate cuts and pressuring consumer-focused sectors.
Oil Prices Rebound Above $88 as Hormuz Supply Fears Outweigh IEA Stockpile Plan
Oil prices recovered sharply on Wednesday, with Brent crude climbing back above $88 per barrel, as market concerns over supply disruptions in the Strait of Hormuz overshadowed discussions of emergency stockpile releases by the IEA and G7 nations.
BP Stock Gains on Oil Price Surge, Yet Market Skepticism Lingers Over Lasting Impact
BP's stock climbed 2.2% in London trading following a sharp spike in oil prices, though the gain significantly lags behind crude's over 40% surge since late last month, reflecting market doubts about sustained supply disruptions.
FTSE 100 Recovers from Sharp Drop as Oil Price Spike Roils London
London's FTSE 100 pared steep early losses to close 0.3% lower on Monday, while the FTSE 250 fell 1.6%. A dramatic spike in oil prices above $119 a barrel, driven by Middle East conflict, triggered a broad market sell-off and renewed stagflation fears.
FTSE 100 Plunges on Oil Price Surge and Geopolitical Tensions
London's FTSE 100 index opened sharply lower, dropping 1.75%, as a surge in crude oil prices above $119 per barrel rattled markets. The spike, driven by Middle East supply concerns, particularly punished airline and mining shares.
FTSE 100 Plunges 5.7% in Worst Weekly Drop Since April 2025
The FTSE 100 tumbled 5.7% this week, its steepest fall since April 2025, driven by soaring oil prices and diminished expectations for a Bank of England rate cut. Energy stocks gained while airlines and miners sold off sharply.
BP Evacuates Staff from Iraq Oilfield After Drone Incident, Fueling Supply Concerns
BP removed international staff from Iraq's Rumaila field following a drone security incident, adding to supply disruptions that have already cut Iraqi output by 1.5 million barrels per day.
Shell Secures Venezuela Gas Deal, Targets 2027 Exports to Trinidad
Shell has finalized oil and gas agreements with Venezuela to develop the offshore Dragon field, with initial gas exports to Trinidad targeted for the third quarter of 2027. The deal follows new U.S. licenses easing sanctions on Venezuela's energy sector.
Venture Global Stock Soars on Court Win, LNG Supply Deals
Venture Global shares jumped over 8% after a court rejected Shell's challenge to an LNG arbitration ruling. The company also reported a 191% surge in adjusted core profit and signed a new supply agreement.
BP Shares Face Volatility as Oil Surges on Middle East Supply Fears
BP shares are poised for a volatile session as Brent crude surges 3.3% to $84.07 on Middle East supply disruptions. Iraq has cut output by 1.5 million barrels per day, with warnings of deeper reductions.
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Shell's stock advanced as Brent crude climbed for a third session due to escalating Middle East tensions. Separately, the company lost a legal bid to overturn an arbitration award in an LNG contract dispute.
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Shell's stock edged higher Tuesday, tracking a rally in oil prices driven by Middle East supply concerns. Separately, a New York judge rejected Shell's attempt to overturn an arbitration loss in a dispute with LNG producer Venture Global.
Shell Leads Energy Rally as Middle East Tensions Spike Oil, Gas Prices
Shell plc climbed roughly 3% in London trading Monday, tracking a sharp rise in oil prices driven by escalating tensions near the Strait of Hormuz. European gas prices surged as much as 28% amid shipping disruptions.
Shell Leads Energy Rally as Middle East Tensions Spike Oil, Gas Prices
Shell plc climbed roughly 3% in London, tracking a sharp rise in oil and gas prices driven by fears of shipping disruptions near the Strait of Hormuz. European energy stocks broadly advanced.
Oil Markets Face Turbulent Open as Hormuz Tensions Disrupt Supply
OPEC+ has agreed to increase production by 206,000 barrels per day, but the decision collides with major shipping disruptions in the Strait of Hormuz following Iranian warnings. Markets reopen Monday with traders bracing for significant volatility.
FTSE 100 Gains on Strong UK Retail Data, Anglo American Reports Loss
London's FTSE 100 advanced 0.5% on Friday, buoyed by unexpectedly strong UK retail sales data. Anglo American reported a substantial loss following another impairment at its De Beers diamond unit.
BP Shares Dip Ahead of Dividend Date as Oil Holds Near Six-Month High
BP shares declined approximately 1% to 474 pence in early London trading as investors positioned for the upcoming dividend. Oil prices remained near six-month highs, with Brent crude trading at $71.99 per barrel.
Shell Shares Reach New Peak as Venezuela Licenses Unlock Dragon Gas Project
Shell shares climbed to a fresh 52-week high after the company confirmed new U.S. licenses enable advancement of its long-delayed Dragon natural gas project in Venezuela. The development comes amid elevated crude prices driven by geopolitical tensions.
BP Shares Edge Higher Amid Oil Price Strength, Ex-Dividend Date
BP shares advanced 0.8% in early Thursday trading as oil prices remained firm and the stock traded ex-dividend ahead of its late March payout. The company has paused share buybacks to prioritize debt reduction.
Shell Shares Hold Steady Amid Buyback Activity; Oil Prices Under Pressure
Shell's stock remained unchanged in early London trading as the energy giant executed share repurchases, while oil prices lingered near recent lows with traders monitoring geopolitical developments and inventory data.
BP Shares Gain Slightly Amid Oil Price Volatility, Dividend Date Nears
BP shares edged higher in early Tuesday trading, with the stock set to go ex-dividend later this week. The energy giant continues to navigate market reaction to its strategic financial decisions amid fluctuating crude prices.
Chevron Advances on $270M Hong Kong Asset Sale, Energy Sector Gains
Chevron shares closed higher Friday following the sale of its Hong Kong fuel operations to Bangchak Corporation for $270 million. The energy sector posted gains alongside a modest rise in crude oil prices.
Oil Supply Outlook Shifts as OPEC+ Eyes Output Hike, Venezuela Sanctions Ease
Energy sector ETF XLE advanced 0.7% Friday amid shifting supply dynamics, with OPEC+ weighing output hikes and U.S. easing Venezuela sanctions. Brent crude settled at $67.75.