Deathwatch Begins For The Subprime Of Shale Oil Drilling [Forbes]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Forbes
The news was “worse than we thought possible,” declared Michael Hsueh, strategist at Deutsche Bank, in a note Wednesday. With the Saudis now declaring their intention to flood the markets with 2.6 million barrels more per day than they sold in February, and the UAE and Russia following suit, the global markets could soon be oversupplied by 4 million barrels per day. West Texas Intermediate crude oil ended the day at $31 per barrel, half its price at the start of 2020. The oil situation has gotten so bad that fracking tycoon Harold Hamm took to the airwaves to publicly call out Saudi Arabia for “dumping” oil on the U.S. in violation of international treaties. Hamm says he will file a complaint with the U.S. Department of Commerce, and is calling for duties on Saudi oil imports. This is the same Hamm who several years ago declared that America’s oil drillers were on the cusp of defeating OPEC with a wave of patriotic petroleum. “We’re not asking for a handout; we want a level playing fi
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BP
News
- Exploring Dividend Stocks In India For April 2024 [Yahoo! Finance]Yahoo! Finance
- FTSE 100 Closes at a Record for First Time in More Than a Year [Financial Post (Toronto, Ontario, Canada)]Financial Post
- FTSE 100 Closes at a Record for First Time in More Than a Year [BNN Bloomberg (Canada)]BNN Bloomberg
- bp is opening its first gas station in Cosamaloapan, Veracruz [Yahoo! Finance]Yahoo! Finance
- FTSE 100 Closes at a Record for First Time Since February 2023 [Yahoo! Finance]Yahoo! Finance
BP
Earnings
- 2/7/24 - Miss
BP
Sec Filings
- 4/18/24 - Form 6-K
- 4/9/24 - Form 6-K
- 4/2/24 - Form 6-K
- BP's page on the SEC website