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Stock impact report

FTSE 100 dented by oil shock as BP, Shell tumble [Reuters (UK)]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Reuters
FTSE 100 dented by oil shock as BP, Shell tumble - Reuters 2 Min Read (Reuters) - An overnight plunge in U.S. crude oil below zero knocked down the producer-heavy FTSE 100 on Tuesday, with oil majors BP Plc ( BP.L ) and Royal Dutch Shell ( RDSa.L ) falling more than 3%. The dramatic fall sapped risk appetite globally, pushing the benchmark .FTSE down 1.3% by 0715 GMT. The world’s largest listed miner, BHP Group ( BHP.AX ), ( BHPB.L ) fell 4.5% after it warned that global steel production excluding China could drop sharply this year due to the pandemic. Shares in fellow miners Rio Tinto ( RIO.L ) and Glencore ( GLEN.L ) fell about 4%. Data released earlier showed UK job growth slowed in March compared to the previous month, in an early sign of the impact of the coronavirus shutdown on the labour market. Among the few gainers was the London Stock Exchange owner ( LSE.L ), which rose 3.7% after saying it was committed to completing its $27 billion takeover of data and analy Show less Read more
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