Last checked at 4 Mar 2024 15:29
London close: Stocks languish ahead of Wednesday's Budget
(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
BP Share News (BP.)
BP. Share
Price
BP. Share
News3
BP. Share
Chat10
BP. Share
Trades12,937
BP.
Live RNS1
BP. Share
Charts
BP. Level 2
Console
BP. Live
Share Price
BP. Broker
Ratings1
BP. Directors
Deals
BP. Financial
Diary
BP.
Fundamentals
BP. Short
Positions
BP.
Media
BP Information
Share Price Information for BP (BP.)
Share Price is delayed by 15 minutes
Get Live Data
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
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Oil prices shoot higher after non-OPEC deal, Saudi says will cut more
Mon, 12th Dec 2016 08:42
(ShareCast News) - Oil prices shot higher after non-OPEC producers agreed to reduce their own output in parallel to the cut announced by the oil cartel on 30 November.Adding to the buying pressure in crude oil futures, shortly after the announcement OPEC linchpin Saudi Arabia said it would lower its production by more than it committed to at OPEC´s last meeting.Starting in 2017, Russia and ten other non-OPEC producers agreed to reduce production by 558,000 barrels per day, slightly less than the 600,000 barrel a day contribution they had been asked for.Nonetheless, it marked the first time since 2001 that they had cut alongside OPEC.Significantly, Saudi oil minister Khalid al-Falih said: "I can tell you with absolute certainty that effective Jan. 1 we're going to cut and cut substantially to be below the level that we have committed to on 30 November."At the cartel´s last meeting, Saudi had pledged to reduce production from 10.7m b/d to 10.06m b/d.That, in effect, meant Saudi was eliminating one of its previous 'red lines', Morgan Stanley said."Still, this is not necessarily a pledge that Saudi Arabia will cut below 10 mb/d but instead an indication that it may do so under specific circumstances, for example if Libya and Nigeria see stronger-than-expected production growth. Saudi Arabia's intention to adhere to its OPEC quote was further supported on Friday by a Reuters report saying that the country has indeed told its U.S.and European customers by now that it will reduce oil deliveries from January," the broker went on to explain in a research report sent to clients. The Russian Federation said it would slash production by 300,000 b/d, Mexico by 100,000 b/d, Azerbaijan by 35,000 b/d, Oman by 40,000 and Kazhakstan by another 20,000."In case of full compliance, market could be balanced as early as 1Q17, with stocks drawing thereafter," Morgan Stanley said.In the same note, the broker reiterated its 'overweight' stance on shares of: Shell, BP, Tullow, Technip, Vallourec and Subsea 7. As of 0839 GMT, front month Brent crude futures were higher by 5.0% to $57.19 per barrel and West Texas Intermediate by 5.33% to $54.40.
More News
4 Mar 2024 10:43
Jefferies upgrades BP to 'buy'
(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.
Read more4 Mar 2024 08:59
LONDON BROKER RATINGS: Jefferies says buy BP; UBS says buy Compass
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more4 Mar 2024 08:55
LONDON MARKET OPEN: Review cuts Hipgnosis Songs Fund valuation
(Alliance News) - Stock prices in London opened mostly lower on Monday, as investor attention remained primarily on the release of the UK Spring budget on Wednesday.
Read more4 Mar 2024 07:41
LONDON BRIEFING: Stocks called down; attention on UK's spring budget
(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.
Read more22 Feb 2024 09:49
LONDON BROKER RATINGS: Berenberg raises Moneysupermarket.com to 'buy'
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more15 Feb 2024 16:52
LONDON MARKET CLOSE: Stocks in green despite UK hit by recession
(Alliance News) - Stock prices in London closed higher on Thursday, after data showed that the UK economy slipped into recession in the final quarter of 2023, buoying hopes for interest rate cuts from the Bank of England.
Read more15 Feb 2024 14:55
London close: Stocks manage gains despite UK recession news
(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.
Read more15 Feb 2024 12:02
LONDON MARKET MIDDAY: FTSE 100 flat as strong start fades
(Alliance News) - The FTSE 100 tread water on Thursday afternoon, as share price declines for some of London's heavyweights offset a strong start for the index, which got a boost from Bank of England rate cut hopes.
Read more15 Feb 2024 09:17
BP hails arrival of LNG vessel at project off Senegal and Mauritania
(Alliance News) - BP PLC on Thursday celebrated the arrival of a gas vessel offshore west Africa, which it called a "major milestone" for its project there.
Read more14 Feb 2024 12:01
BP and Adnoc form gas joint venture in Egypt to boost capabilities
(Alliance News) - BP PLC on Wednesday said it will form a joint venture with Abu Dhabi National Oil Co in Egypt, under which BP will contribute its interests in three development concessions.
Read more14 Feb 2024 10:27
BP and Adnoc agree Egyptian joint venture
(Sharecast News) - BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.
Read more11 Feb 2024 09:27
PRESS: BP to book USD700 million windfall on UK tax changes - FT
(Alliance News) - BP PLC is set to book a USD700 million windfall due to UK tax changes aimed at boosting corporate pension fund investment in the economy, the Financial Times reported on Saturday.
Read more9 Feb 2024 11:44
LONDON MARKET MIDDAY: European markets quiet heading into afternoon
(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.
Read more8 Feb 2024 16:06
UK dividends calendar - next 7 days
| Friday 9 February | |
| AJ Bell PLC | dividend payment date |
| B&M European Value Retail SA | special dividend payment date |
| BlackRock Latin American Investment Trust PLC | dividend payment date |
| Braemar PLC | dividend payment date |
| i3 Energy PLC | dividend payment date |
| JPMorgan Multi-Asset Growth & Income PLC | dividend payment date |
| Montanaro UK Smaller Cos Investment Trust PLC | dividend payment date |
| Netcall PLC | dividend payment date |
| Origin Enterprises PLC | dividend payment date |
| Sage Group PLC | dividend payment date |
| Schroder AsiaPacific Fund PLC | dividend payment date |
| Tracsis PLC | dividend payment date |
| Tufton Oceanic Assets Ltd | dividend payment date |
| Monday 12 February | |
| no events scheduled | |
| Tuesday 13 February | |
| Cohort PLC | dividend payment date |
| Future PLC | dividend payment date |
| Mondi PLC | special dividend payment date |
| Wednesday 14 February | |
| Blackrock Frontiers Investment Trust PLC | dividend payment date |
| Ecora Resources PLC | dividend payment date |
| Grainger PLC | dividend payment date |
| Oxford Metrics PLC | dividend payment date |
| Supermarket Income REIT PLC | dividend payment date |
| Unicorn AIM VCT PLC | dividend payment date |
| Unicorn AIM VCT PLC | special dividend payment date |
| Thursday 15 February | |
| Alternative Income REIT PLC | ex-dividend payment date |
| Aquila European Renewables PLC | ex-dividend payment date |
| Balanced Commercial Property Trust Ltd | ex-dividend payment date |
| BioPharma Credit PLC | ex-dividend payment date |
| BP Marsh & Partners PLC | ex-dividend payment date |
| BP PLC | ex-dividend payment date |
| Elixirr International PLC | dividend payment date |
| Gabelli Merger Plus+ Trust PLC | ex-dividend payment date |
| GCP Asset Backed Income Fund Ltd | ex-dividend payment date |
| Greencoat UK Wind PLC | ex-dividend payment date |
| Gulf Investment Fund PLC | ex-dividend payment date |
| Hargreave Hale AIM VCT PLC | dividend payment date |
| Henderson Opportunities Trust PLC | ex-dividend payment date |
| ICG Enterprise Trust PLC | ex-dividend payment date |
| Impax Environmental Markets PLC | ex-dividend payment date |
| Imperial Brands PLC | ex-dividend payment date |
| Invesco Perpetual UK Smaller Cos IT PLC | ex-dividend payment date |
| Invesco Select Trust PLC Global Equity Income | dividend payment date |
| Invesco Select Trust PLC UK Equity | dividend payment date |
| JPMorgan European Growth & Income PLC | ex-dividend payment date |
| Knights Group Holdings PLC | ex-dividend payment date |
| M Winkworth PLC | dividend payment date |
| Majedie Investments PLC | ex-dividend payment date |
| Mattioli Woods PLC | ex-dividend payment date |
| Mobeus Income & Growth 4 VCT PLC | ex-dividend payment date |
| Mountview Estates PLC | ex-dividend payment date |
| Murray Income Trust PLC | ex-dividend payment date |
| NCC Group PLC | ex-dividend payment date |
| NextEnergy Solar Fund Ltd | ex-dividend payment date |
| Pershing Square Holdings Ltd | ex-dividend payment date |
| PRS REIT PLC | ex-dividend payment date |
| Ramsdens Holdings PLC | ex-dividend payment date |
| Schroder UK Mid Cap Fund PLC | ex-dividend payment date |
| Shell PLC | ex-dividend payment date |
| Triple Point Venture VCT PLC | ex-dividend payment date |
| Troy Income & Growth Trust PLC | ex-dividend payment date |
| UK Commercial Property REIT Ltd | ex-dividend payment date |
| Comments and questions to newsroom@alliancenews.com | |
| A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. | |