
BP Breaks From Peers to Unleash Cash Bet on Oil Staying High
From Bloomberg BP Plc is gearing up to leave European competitors in the dust, at least when it comes to spending the industry’s enormous cash pile. While Total SA and Equinor ASA both signaled last week they’re still keeping a tight rein on spending, BP showed Tuesday it’s prepared to take some risks. After smashing earnings estimates in the third quarter, the U.K. oil
