FTSE 100 bounces back supported by oil price rise [Reuters (UK)]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Reuters
FTSE 100 bounces back supported by oil price rise - Reuters 3 Min Read (Reuters) - Britain’s FTSE 100 gained on Wednesday as a 6% rally in energy majors BP and Royal Dutch Shell and positive corporate updates injected calm into equity markets after an oil-driven rout. The commodity-heavy FTSE 100 .FTSE outperformed its European peers, closing 2.3% higher after cratering oil prices knocked 3% off the index on Tuesday. After falling to its lowest since 1999 earlier in the session, Brent crude prices LCOc1 made up some ground on the prospect of extra pledges from major producers to cut output amid plunging oil demand due to the coronavirus crisis. [O/R] The FTSE oil & gas index .FTNMX0530 rose 5.5%, while other cyclical sectors such miners, banks and insurers were all higher. “A much-needed rebound from Brent Crude allowed the Western indices to hold onto their growth,” said Connor Campbell, financial analyst at SpreadEx. UK-listed shares of Irish building group CRH ( CRH.L ) ( CRH.I
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BP
News
- BP (NYSE:BP) was downgraded by analysts at Bank of America Corporation from a "neutral" rating to an "underperform" rating.MarketBeat
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- 2025: A No Good, Terrible, Very Bad Year For The Energy Transition [Forbes]Forbes
- Billionaire Robert Kuok's Allgreen Offers Top Bid Of $358 Million For Singapore Residential Site [Forbes]Forbes
- Ottawa risks billions in investments for a pipeline to nowhere [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
BP
Earnings
- 11/5/25 - Beat
BP
Sec Filings
- 12/1/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/6/25 - Form 13F-HR
- BP's page on the SEC website