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Share Price Information for BP (BP.)

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Share Price: 509.40
Bid: 510.30
Ask: 510.40
Change: 0.00 (0.00%)
Spread: 0.10 (0.02%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 509.40
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Sector movers: Sinking tide drags down all ships

Thu, 06th Dec 2018 14:33

(Sharecast News) - Every single sector was in the red on Thursday as the FTSE 100 and 250 indices finished around two-year lows amid a general market sell-off sparked by renewed worries about US-China trade relations.Oil producers and services providers to the industry were among the biggest fallers, sending investors into safer havens as oil prices jagged lower after a summit of the Opec oil producer's cartel ended the day without any firm decision.Brent crude and West Texas Intermediate were down more than 4% during the afternoon, easing off slightly to $59.50 and $51.12 a barrel respectively after Saudi Arabia's energy minister dashed hopes of any steep production cuts at the OPEC meeting in Vienna.Khalid Al-Falih told reporters that no agreement had been reached yet on a production cut and suggested that reducing output by one million barrels a day would be sufficient."OPEC seems to be joining in the 'no deal' fun, with only an agreement 'in principle' to cut output," said market analyst Chris Beachamp at IG. "While oil is off the lows of the day, it is not likely to hold these lows for long if oil ministers don't agree a sizeable cut. We wait until tomorrow for further news."Life insurers were hit as bond yields fell, which curtails the companies income streams. Life companies use returns from bond yields to pay the liabilities that come due. Aviva and Legal & General were both down more than 4%, Asia focused Prudential was down more than 6%.The FTSE 350 Gas Water & Multiutilities index was pretty much flat, followed by tobacco - both seen as defensive sectors where investors flock during risk-off moments."All these are considered to be defensive stocks, offering goods and services people would buy regardless of economic conditions," said Russ Mould, investment director at AJ Bell. Top performing sectors so far todayGas; Water & Multiutilities -0.6%Tobacco -1.48Real Estate Investment & Services -1.50Mobile Telecommunications -1.67Real Estate Investment Trusts -1.70Bottom performing sectors so far todayTechnology Hardware & Equipment -7.64%Forestry & Paper -5.61%Life Insurance -5.57%Oil & Gas Producers -4.53%Oil Equipment, Services & Distribution -4.40%
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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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9 Apr 2024 07:39

LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

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9 Apr 2024 07:24

BP sees higher Q1 upstream production

(Sharecast News) - Oil giant BP said it expected first-quarter upstream production to be higher than the previous three months.

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5 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks drop on Israel-Iran tensions and Fed talk

(Alliance News) - Stock prices in London were firmly down at midday on Friday, as rising tensions between Israel and Iran alongside doubts around the timing of US interest rate cuts hurt investor sentiment.

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