Oil shock, dire forecasts knock UK's FTSE 100 lower [Reuters (UK)]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Reuters
Oil shock, dire forecasts knock UK's FTSE 100 lower - Reuters 4 Min Read (Reuters) - Plunging oil prices hit Britain’s commodity-heavy FTSE 100 on Tuesday, heightening concerns about the economic damage from the new coronavirus. Oil majors BP Plc ( BP.L ) and Royal Dutch Shell ( RDSa.L ) fell 3% and 2.5% respectively, with banking and mining stocks also contributing to a 3% drop for the FTSE 100 index .FTSE . Europe’s biggest bank, HSBC ( HSBA.L ), cut a number of top management roles in its investment bank despite a wider firing freeze, according to memos seen by Reuters. Its shares were down 4.5%. Investors were on edge after U.S. crude oil futures for delivery in May fell for the first time on Monday to as much as negative $40 a barrel, with sinking oil demand since the start of the coronavirus outbreak squeezing storage facilities. While that trade was seen as anomalous, steep declines in both Brent and U.S. crude oil futures expiring in June on Tuesday fuelled further worri
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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