Post Tagged with: "oil price rally"

Source: Reuters

Exclusive: BP poised to sell ‘stranded assets’ even if oil prices rally

Reuters


LONDON – BP (BP.L) is preparing to sell a large chunk of its oil and gas assets even if crude prices bounce back from the COVID-19 crash because it wants to invest more in renewable energy, three …

Source: Reuters

Morgan Stanley flags risk oil price rally will lead to a fall

Reuters


Oil prices have quickly climbed to levels that raise the risk of price falls as demand is fragile, Morgan Stanley said on Monday, as benchmark crude hit its highest in three months.

Oil climbed on Monday after major producers …