BP Share News (BP.)

Oil prices won't hit $100 a barrel for a long time, says BP CEO

Bob Dudley, the chief executive (CEO) of oil giants BP, has told investors to put the thought of $100-a-barrel oil out of their minds for a "long time." "It will be a long time before we see $100 again," he told Bloomberg. Speaking to Bloomberg Television on Tuesday, Dudley suggested the price oil

Ruling on BP fine over 2010 U.S. oil spill months away -lawyers

HOUSTON, Feb 3 (Reuters) - It may be months before a final verdict is issued on the size of the fine BP Plc will pay under the Clean Water Act for its 2010 Gulf of Mexico oil spill, lawyers said on Tuesday after the last phase of the trial ended. U.S. District Court Judge Carl Barbier in Ne

London close: Footsie at five-month high as Greek concerns ease, oil stocks surge

Strong gains in the oil sector pushed UK stocks to their highest in five months on Tuesday, helped by an easing of concerns about Greece. The FTSE 100 finished 1.3% higher at 6,872, its best close since 4 September when it settled at 6,878. The new government in Greece has proposed swapping its out

MARKET COMMENT: Stocks Buoyed By Greek Hopes, Oil Price Rise

US STOCKS-Wall St gains on Greek deal hopes, oil climb

* Staples, Office Depot in advanced merger talks - WSJ * Stratasys drops after cutting outlook * Factory orders fall for fifth straight month * Indexes up: Dow 1 pct, S&P 0.61 pct, Nasdaq 0.1 pct (Adds factory orders data) By Chuck Mikolajczak NEW YORK, Feb 3 (Reut

BUZZ-Oil and gas companies: Oil prices rally

(Updates) ** U.S.-listed oil and gas companies' shares rise after oil prices rise on solid U.S. manufacturing data and a weaker dollar ** Brent crude oil futures were up 2.5 pct at $56.10 a barrel as of 10:25 a.m. ET; U.S. crude up 3 pct at $51.05 per barrel ** Oil and gas produ

US STOCKS-Wall St surges on Greek deal hopes, oil lift

* Staples, Office Depot in advanced merger talks - WSJ * Stratsys drops after cutting outlook * Indexes up: Dow 1.04 pct, S&P 0.89 pct, Nasdaq 0.7 pct (Updates to market open, adds quote) By Chuck Mikolajczak NEW YORK, Feb 3 (Reuters) - U.S. stocks jumped at the open on

Sector movers: Oil stocks rise as crude rally continues, BP impresses

Oil and gas producers were tracking the continued rally in crude on Tuesday, with strong gains from BP supporting the sector. Brent futures for March delivery were up 1.8% at $55.71 a barrel in afternoon trade, rising for the fourth straight session as a mass refinery strike in the States continued.

US STOCKS-Wall St to gain at open on Greek deal hopes, oil lift

* Staples, Office Depot in advanced merger talks - WSJ * Aetna posts Q4 results, raises 2015 outlook * Futures up: Dow 40 pts, S&P 4.25 pts, Nasdaq 5.25 pts (Adds oil gains, updates prices) By Chuck Mikolajczak NEW YORK, Feb 3 (Reuters) - U.S. stock index futures pointed

BUZZ-Oil and gas companies: Oil rises after BP capex cut

** U.S.-listed oil and gas companies' shares up 2-6 pct premarket ** Oil rose on Tuesday as BP announced a cut in capital expenditure for 2015 ** Oil has gained more than 15 pct since Thursday after data showed the number of U.S. drilling rigs had fallen the most in a week in nearly 3

London midday: Rising commodity prices boost resource stocks, BP gains

Better-than-expected UK data and positive developments in Greece resulted in a surge on London's stock market on Tuesday, with resource stocks leading the rise. The FTSE 100 was up 1.2% at 6,861 by midday, helped by big gains from oil and mining stocks as commodity prices strengthened. BP was also l

UK MIDDAY BRIEFING: UK Big Oil Slashes Spending On Oil Price Slide

Rosneft changes forex accounting to avoid weak rouble hitting profits

MOSCOW, Feb 3 (Reuters) - Russia's top oil producer Rosneft said on Tuesday it has changed the way it accounts for foreign exchange fluctuations, a move that avoids the cost of billions of dollars of debt hitting profits and depleting dividend payments to state coffers. The rouble's sharp f

BUZZ-European stocks: oil & miners bounce, DAX at a record

** Oil & mining (& Greece banks again) lead charge in Europe, while the DAX is back at a record high flirting with the 11,000 level ** Brent oil now up 11 pct in 2 days and more than 22 pct since the Jan 13 low ** BP, top-traded stock in the UK, $200 mln trades, after better-than-expe

BP CEO says might make additional investments in Russia

LONDON, Feb 3 (Reuters) - BP Chief Executive Bob Dudley said on Tuesday the company might make additional investments in Russia but would not violate Western sanctions. (Reporting by Ron Bousso; editing by Jason Neely)