BP today announced half-year profits of 13.44 billion US dollars (£6.75 billion) after the oil giant benefited from surging energy prices.
In the latest market close, BP (BP) reached $37.92, with a -1.17% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow gained 0.06%, while the ...
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $23.0 and $41.0 for BP, spanning the last three months.
Exxon boasts a market value of about $480bn versus $300bn for Chevron, $230bn for Shell and $110bn for BP.
The FTSE 100 giant forecasts upstream production to be larger in the first quarter of 2024 than in the previous three months.
BP (LON: BP) share price regained momentum this week, helped by the vibrant crude oil market and heightened M&A deal rumours.
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