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Share Price Information for BP (BP.)

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Share Price: 502.30
Bid: 501.70
Ask: 501.80
Change: -2.70 (-0.53%)
Spread: 0.10 (0.02%)
Open: 507.60
High: 510.70
Low: 501.40
Prev. Close: 505.00
BP. Live PriceLast checked at -

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London pre-open: FTSE set to track US stocks lower, again

Thu, 15th Nov 2012 07:27

City sources predict the FTSE 100 will open down 40 points from yesterday's close of 5,722, tracking losses in the US overnight. The Dow Jones tumbled 185 points as disappointing economic data, worries about the impending 'fiscal cliff' and the prospect of heightened tensions in the Middle East all combined to heighten investors' concerns. The tension in the Middle East has arisen after Israeli air stikes on the Gaza Strip killed the head of the military wing of the Palestinian Islamist group Hamas, and all eyes will be watching to see what move follows. Today's UK economic announcements include internet retail sales, and general retail sales, while international announcements include Bloomberg Consumer Confidence, both the Europe and US Consumer Price Index, the ECB report, and German GDP. In company news, Centrica, the utilities company which trades under the British Gas and Scottish Gas name, is on track to achieve earnings growth in line with expectations, provided the weather and commodity prices play ball. Average UK residential gas consumption for the first ten months of 2012 was 9% higher than for the same period of 2011, while average electricity consumption was 1% lower.BP is one step closer to drawing a line under the Deepwater Horizon incident two years ago and is said to be in 'advanced discussions' with US regulators regarding resolutions of all claims against the oil and gas company. The incident, known as the Macondo blowout or the Gulf of Mexico oil spill, resulted in the deaths of 11 workers in April 2010 and was classed as the world's largest-ever offshore oil spill for its environmental implications. Utilities group National Grid said restoration expenses following Hurricane Sandy, excluding those related to the Long Island Power Authority (LIPA), are not expected to exceed £100m. The group announced underlying pre-tax profit of £1,154m for the six months to the end of September, up 21% from £953m the year before. Statutory profit before tax of £1,285m was up 37% higher than the £941m achieved at the halfway stage last year. The interim dividend has been increased to 14.49p, in line with the group's policy of targeting 4% dividend growth in the current financial year.
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12 Apr 2024 11:37

TOP NEWS: BP shares rise after reports Adnoc had pondered takeover

(Alliance News) - Shares in BP jumped on Friday after reports that the state-owned, United Arab Emirates oil company was considering, but had ruled out, a bid for the London-based oil major.

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12 Apr 2024 08:58

LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

(Alliance News) - Stock prices in London opened higher on Friday, thanks to new data suggesting the UK economy is out of recession.

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12 Apr 2024 07:56

UAE's ADNOC said to have recently considered BP takeover

(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.

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11 Apr 2024 14:41

Senegal says oil, gas and mine contracts will be reworked if needed

DAKAR, April 11 (Reuters) - Senegal's new Energy and Mines Minister said on Thursday the government would renegotiate oil, gas and mining contracts if necessary once a promised audit is completed.

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10 Apr 2024 08:41

Johnson Matthey and BP win deal for US sustainable aviation fuel plant

(Alliance News) - Johnson Matthey PLC and BP PLC on Wednesday said their technology offering has been selected for use in a sustainable aviation fuel plant being built in the US state of Louisiana.

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10 Apr 2024 07:47

LONDON BRIEFING: Stocks called up ahead of US inflation data

(Alliance News) - Stocks in London are called to open higher, as investors shake off nerves ahead of a key US inflation reading.

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9 Apr 2024 17:26

Slide in defence stocks knocks down Europe's STOXX 600

BP gains on higher quarterly upstream energy output forecast

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9 Apr 2024 17:13

FTSE 100 ends down as defence stocks offset commodity gains

Easter food spending lifts UK retail sales in March

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9 Apr 2024 16:53

LONDON MARKET CLOSE: Stocks struggle in nervy trade before US data

(Alliance News) - European equities closed lower on Tuesday, with sentiment downbeat ahead of Wednesday's US inflation reading, though impetus could be found in gold, which hit another record high.

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9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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9 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 treads water despite boost from miners

(Alliance News) - Equities in London lacked impetus heading into Tuesday, as investors moved with caution ahead of a US inflation print on Wednesday and the European Central Bank's interest rate decision a day later.

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9 Apr 2024 10:21

PRESS: Shell could make London exit if value gap to US does not close

(Alliance News) - Shell PLC fired a warning shot to that it could be prepared to move its listing to the US in a fresh blow to London's financial centre.

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9 Apr 2024 08:53

TOP NEWS: BP predicts upstream production will rise in first quarter

(Alliance News) - BP PLC on Tuesday said it expects first quarter upstream production to be higher than the previous three month period but cautioned lower prices would hurt performance elsewhere.

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9 Apr 2024 08:44

LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.

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9 Apr 2024 07:51

BP expects rise in first-quarter upstream energy output

April 9 (Reuters) - BP said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months.

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