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(Sharecast News) - Energy giant BP reported on Tuesday swung to a huge annual profit, driven by surging oil and gas prices, but warned of lower production and flat refining margins in the first quarter of the current year.
Read more(Sharecast News) - Tuesday's economic calendar is light.
Read more(Sharecast News) - 1111 GMT - BP debería presentar un resultado positivo de su negocio de GNL (gas natural licuado) en sus resultados de este martes, afirma RBC Capital Markets, que añade que los resultados optimistas de Shell de la semana pasada refuerzan esta opinión. Además, se espera que la compañía energética británica aumente la recompra de acciones este trimestre a la luz de los fuertes precios de las materias primas y las desinversiones cobradas, señala RBC. El banco estima que BP registrará un flujo de caja excedente de unos 3.300 millones de dólares, lo que sugiere una recompra a futuro de entre 1.500 y 2.000 millones de dólares. "Aunque seguimos siendo escépticos con respecto a la nueva y audaz estrate
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LONDON MARKET OPEN: Stocks higher; Reckitt gains on unit sale report
Read more(Sharecast News) - The head of Tesco, John Allan, thinks the worst of food price inflation "is yet to come", predicting that it will soon rise to 5%. In remarks to the BBC, the chairman of the grocer said: ""In some ways the worst is still to come - because although food price inflation in Tesco last quarter was only 1%, we are impacted by rising energy prices. Our suppliers are impacted by rising energy prices. We're doing all we can to offset it ... but that's the sort of number we're talking about. Of course, 5%." - Guardian
Read moreLONDON MARKET CLOSE: Stocks sink as jobs report sparks rate hike fear
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(Corrects spelling of NOC chairman to Mustafa Sanalla in 2nd paragraph)TUNIS, Feb 4 (Reuters) - Libya's National Oil Corp (NOC) and BP have agreed to resume exploration activities in line with a 2018 deal between the two companies and Italy's ENI,...
Read moreTUNIS, Feb 4 (Reuters) - Libya's National Oil Corp (NOC) and BP have agreed to resume exploration activities in line with a 2018 deal between the two companies and Italy's ENI, the Libyan company said on Friday.NOC said that Chairman Mustafa Sanal...
Read moreLONDON MARKET MIDDAY: Oil lifts FTSE but CAC, DAX fall before US jobs
Read moreLONDON MARKET OPEN: Amazon lifts sentiment; oil majors top FTSE 100
Read moreLONDON MARKET CLOSE: Stocks fall as BoE enacts back-to-back rate hike
Read moreLONDON MARKET MIDDAY: BoE raises key UK rate to 0.5%; some wanted more
Read moreBP buys 30% stake in UK provider of hydrogenated vegetable oil fuels
Read more(Sharecast News) - The Organisation of the Petroleum Exporting Countries and its main allies, or OPEC+ as they are collectively known, will raise their combined output of crude oil in March as expected.
Read moreTRADING UPDATES: BP signs biofuel deal; Elixirr expects revenue beat
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