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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 471.00
Bid: 470.40
Ask: 470.60
Change: 0.50 (0.11%)
Spread: 0.20 (0.043%)
Open: 468.40
High: 473.15
Low: 467.30
Prev. Close: 470.50
BP. Live PriceLast checked at -

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Sector movers: London market retreats as mining, oil stocks plummet

Tue, 26th May 2015 13:25

London market slipped back from last week's high as it commenced trading on Tuesday, following a bank holiday weekend, with Greece weighing heavily on investor sentiment.At 16:17 BST, the FTSE 100 was back below the 7,000 mark at 6950.20, down 1.16% or 81.52 points, as natural resources stocks, chiefly mining, minerals and oil companies took a hammering owing to various factors.Mining stocks tumbled as a stronger dollar, uncertain Chinese demand and a reiteration of its bearish stance on commodities, especially copper, by Goldman Sachs dented trading. Additionally, gold prices also took a hit following with the end of Indian seasonal buying and a stronger dollar hitting investor sentiment.Traders in Mumbai reported that Indian gold imports had fallen from an average of 67 tonnes in the week ended 21 April, to an average of six tonnes for the week ended 22 May. It prompted gold to shed as much as $15 or 1.31% in intraday trading in Europe.Miners invariably bore the brunt, with Fresnillo (down 3.8%), Randgold Resources (down 3.31%) and Anglo American (down 2.92%) among the top FTSE 100 fallers. The wider market also saw Evraz (down 4.67%) and Acacia Mining (down 4.07%) witness a sell-off.A downbeat day also saw Rio Tinto (down 1.07%), Glencore (down 1.16%), Lonmin (2.23%), Antofagasta (2.52%), BHP Billiton (down 2.59%), Anglo American (down 2.82%) and Vedanta Resources (2.85%) register losses.Meanwhile, oil and gas stocks were in retreat as oversupply concerns returned to dent industry confidence, while JPMorgan downgraded Soco International (down 0.65%) and Tullow Oil (down 4.17%). Premier Oil (down 3.82%) also among those to take a hit while the blue chips BP (down 1.32%) and Shell ('A' shares down 2.00% / 'B' shares down 2.32%). However, Weir Group (up 3.36%) bucked wider trends with Jefferies giving it a thumbs up.It added that Weir continues to be a stock that is gathering interest with investors, and with last week's US rig count data showing a slowing pace of decline, the broker suspects this will increase further.Top five losers:Industrial Metals & Mining 1,707.77 -83.71 -4.67% Gas, Water & Multiutilities 6,106.21 -108.12 -1.74%Oil & Gas Producers 7,148.08 -123.67 -1.70% Pharmaceuticals & Biotechnology 13,297.93 -224.97 -1.66% Mining 14,021.91 -229.23 -1.61%
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20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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19 Dec 2023 20:11

Norwegian Johan Sverdrup crude prices soar on Red Sea shipping issues

LONDON, Dec 19 (Reuters) - Prices for Norway's Johan Sverdrup crude soared on Tuesday, a move traders said could be linked to mounting concerns around the security of crude flows into Europe following maritime attacks by Yemen's Houthis in the Red Sea.

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19 Dec 2023 19:10

US launches Red Sea force as ships reroute to avoid attacks

Crisis is spillover from Israel-Hamas war

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19 Dec 2023 17:14

Shippers mask positions, weigh options amid Red Sea attacks

Dec 19 (Reuters) - A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.

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19 Dec 2023 17:01

LONDON MARKET CLOSE: Stocks close higher ahead of UK inflation data

(Alliance News) - Stock prices in Europe closed higher on Tuesday, after data confirmed that the eurozone is inching closer towards its 2% inflation targets.

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19 Dec 2023 15:02

London close: Stocks manage gains amid holiday slowdown

(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.

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19 Dec 2023 13:18

UK warns of deteriorating security in Red Sea, Royal Navy ship joins taskforce

LONDON, Dec 19 (Reuters) - Britain warned that the security situation in the Red Sea was deteriorating and ballistic missile and drone attacks were an increased threat, as it agreed for a Royal Navy Destroyer to join a U.S.-led operation to safeguard commerce in the region.

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19 Dec 2023 11:49

LONDON MARKET MIDDAY: FTSE 100 flat; Eurozone inflation cools to 2.4%

(Alliance News) - Stock prices in London were mixed at midday Tuesday, despite news that the eurozone's inflation is edging closer to its 2% target.

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19 Dec 2023 08:47

LONDON MARKET OPEN: Stocks rise as investors pin hopes on US rate cuts

(Alliance News) - Stock prices in London opened higher on Tuesday, with sentiment still buoyed by expectations of rate cuts in the US.

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18 Dec 2023 18:18

Red Sea attacks force rerouting of vessels, disrupting supply chains

Houthis launched series of attacks, latest on Monday

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18 Dec 2023 17:40

Europe Gasoline/Naphtha-Margins slip as Red Sea attacks push oil higher

LONDON, Dec 18 (Reuters) - Northwest European gasoline refining slipped by about $1 to $8.6 a barrel as underlying crude prices rose 3% on mounting attacks on ships in the Red Sea.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob $727.50
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob $728
Barges
E10
Platts(fo
b ARA)
Ebob $735.50 Varo, Trafigu
Barges (4KT) Glencor ra
Argus e
E5(fob
AR)
Ebob $727 Shell, Varo,
Barges 11KT Exxon Totsa
E10 Argus
(fob AR)
Jan. swap $741.25 $725.25
fob ARA
Premium
Unleaded
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NWE)
Naphtha Jan
(cif NWE) +$14
<NAF-C-NW
E>

Ebob crack (per barrel) $8.6 Prev. $9.7
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ahmad Ghaddar; Editing by Mark Porter)

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18 Dec 2023 16:55

LONDON MARKET CLOSE: FTSE 100 outperforms European peers

(Alliance News) - Stock prices in London closed higher on Monday, after investors shrugged off hawkish comments from US Federal Reserve officials amid festive cheer.

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18 Dec 2023 12:52

Red Sea attacks force rerouting of vessels, disrupting supply chains

DUBAI, Dec 18 (Reuters) - Mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea are disrupting maritime trade as leading global freight firms reroute around the Cape of Good Hope to avoid the Suez canal.

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18 Dec 2023 11:50

BP becomes latest to pause Red Sea shipments as attacks continue

(Sharecast News) - BP has announced that it is halting all oil shipments through the Red Sea, becoming the latest company to pause regional routes after a series of targeted attacks by Yemen's Houthi rebels.

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14 Dec 2023 07:43

LONDON BRIEFING: Eyes on BoE and ECB; US Fed signals 2024 rate cuts

(Alliance News) - Stocks are called to open higher on Thursday, after the US Federal Reserve chose not to surprise markets with its latest interest rate decision.

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