Oil selloff weighs on FTSE as retail sales sink [Reuters (UK)]
BP p.l.c. (BP)
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Source: Reuters
Oil selloff weighs on FTSE as retail sales sink - Reuters 3 Min Read (Reuters) - London’s FTSE 100 dived along with European and Asian stock markets on Friday as shares in oil majors BP and Shell fell and data laid bare the scale of the collapse in UK retail sales in March. The blue-chip FTSE 100 index .FTSE fell 1.4%, also hit by declines in bank stocks as doubts over one possible coronavirus treatment clouded the global mood, while the domestically focused FTSE 250 index .FTMC lost 0.8%. Stimulus from a raft of central banks and governments, and signs of some lockdowns being eased, has helped the FTSE recover from mid-March lows, but it still stands below 25% from its January peak and data this week has been bleak. UK retail sales fell by the most on record in March, while consumer confidence held at its lowest since 2009 as thousands of businesses and the vast majority of shops were closed. “The feeling is we’ve had a bear market rally,” said Keith Temperton, a sales trader at Tavi
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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