Oil Rises With Mideast Tension to the Fore as Truce Talks Falter [Yahoo! Finance Canada]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg West Texas Intermediate rose toward $79 a barrel after a 0.5% gain on Monday, with Brent closing above $83. Israel's war cabinet rejected a cease-fire proposal agreed to by Hamas, saying it fell short of the country's demands. The Jewish state has vowed to continue operations in Rafah, a major Gazan city. ADVERTISEMENT Oil's gain came after US equities pushed higher on Monday on optimism that the Federal Reserve will start cutting interest rates this year. Lower US borrowing costs would be a plus for the nation's energy demand. Crude is clawing back some ground after posting its worst weekly drop since February. Prices remain higher year-to-date as OPEC+ production cuts have tightened the market. While the cartel is expected to keep supplies tight, the demand outlook is clouded, with diesel flashing signs of weakness. Traders will be looking out for the Energy Information Administration's Short-Term Energy Outlook due later Tuesday for clues on the
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News
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- BP Invests in Hysata's $111M Green Hydrogen Technology Round [Yahoo! Finance]Yahoo! Finance
- Questor: this oil and gas giant's performance can be volatile but its rewards are consistent [Yahoo! Finance]Yahoo! Finance
- Chevron Puts UK Clair Oilfield Up for Sale in North Sea Exit [BNN Bloomberg (Canada)]BNN Bloomberg
BP
Earnings
- 5/8/24 - Miss
BP
Sec Filings
- 5/17/24 - Form 6-K
- 5/16/24 - Form FWP
- 5/9/24 - Form 13F-HR
- BP's page on the SEC website