Etiquetas » BP

Short Sellers Can't Make Up Their Minds on Major Oil

The short interest data have been released for the April 15 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest is now more important than ever to follow. 216 palabras más

Energy Business

Low oil prices drag down BP’s revenues by 80% for the first quarter of 2016

Its downstream operations have however offset its upstream losses by $747 million. It has maintained its dividend of 10 cents per ordinary share.

With British Petroleum reporting a humongous 80% drop in its oil revenues for the first quarter of this year, it has announced that it would further curtail capital expenditures. 473 palabras más

Strategy

Bomb Trains

With the lifting of the U.S. crude oil export ban in December 2015, the fracked oil from the Bakken Shale in North Dakota is looking for… 249 palabras más