Current BP Stock Info

BP sees market balance in the second half of the year, oil at $50-$60 in 2017
BP (ticker: BP) released its second quarter earnings today, reporting the third consecutive loss as the international oil major continues to struggle with low oil prices. The company reported a $2.3 billion loss this quarter, but BP Group Chief Bob Dudley was more bullish than in the past, with the company forecasting market balance in the second half of the year.

“We expect 2016 to remain challenging but we are starting to see a much stronger outlook for the Grou...


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