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Slide in defence stocks knocks down Europe's STOXX 600
BP gains on higher quarterly upstream energy output forecast
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Share Price Information for BP (BP.)
Share Price is delayed by 15 minutes
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Share Price:
475.20
Bid:
475.40
Ask:
475.55
Change:
2.40 (0.51%)
Spread:
0.15 (0.032%)
Open:
476.30
High:
479.50
Low:
474.30
Prev. Close:
472.80
Last checked at -
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Sun, 25th Jul 2010 14:02
DUBAI (Zawya Dow Jones)--Qatar's oil minister Abdallah Al Attiyah said Sunday it was difficult to predict what action Organization of Petroleum Exporting Countries would take at their next meeting in October as crude oil prices were continuing to fluctuate. "Prices are just going up and down--it's too early to predict what action OPEC will take," Al Attiyah told Zawya Dow Jones. OPEC members are due to meet in Vienna on Oct. 14. Oil prices hit highs of almost $90 a barrel in early May and traded as low as in the high $60s towards the end of that month. Prices remained within the $70-80 a barrel range during June and July. Crude futures settled just below the $80-a-barrel mark Friday as Tropical Storm Bonnie swirled towards the Gulf of Mexico. New York's main contract, light sweet crude for delivery in September, hit $79.60 per barrel, a level last seen on May 5, before ending 32 cents lower to $78.98. London's Brent North Sea crude for September weakened 37 cents to settle at $77.45. The International Energy Agency, or IEA, said in a report earlier this month the dual impact of improving energy efficiency in industrialized nations and a gradual phasing out of economic stimulus in emerging markets like China--the fastest-growing oil consumer globally--would slow the pace of oil consumption next year. The Paris-based energy watchdog for 28 industrialized countries predicted that oil demand would grow by 1.35 million barrels a day next year to 87.84 million barrels a day. -By Tahani Karrar-Lewsley, Dow Jones Newswires; +9714 446-1692; Tahani.Karrar@dowjones.com Copyright (c) 2010 Dow Jones & Company, Inc. (END) Dow Jones Newswires July 25, 2010 09:02 ET (13:02 GMT)
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9 Apr 2024 17:13
FTSE 100 ends down as defence stocks offset commodity gains
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*Read more9 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.
Read more9 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.
Read more9 Apr 2024 12:00
LONDON MARKET MIDDAY: FTSE 100 treads water despite boost from miners
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Read more9 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.
Read more9 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.
Read more9 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.
Read more9 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.
Read more9 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.
Read more9 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.
Read more5 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.
Read more5 Apr 2024 08:47
LONDON MARKET OPEN: Europe slumps on US rate worry and rising tensions
(Alliance News) - Stocks in Europe had a downbeat start to the day on Friday, with investors unnerved by rising geopolitical tensions and hawkish remarks from US central bankers.
Read more4 Apr 2024 16:55
LONDON MARKET CLOSE: US initial jobless claims hotter than expected
(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.
Read more4 Apr 2024 11:58
LONDON MARKET MIDDAY: Stocks up as Fed chair calms some rate nerves
(Alliance News) - Stock prices in London were in the green on Thursday afternoon, with mining stocks powering the FTSE 100 higher, as investors digested words from Federal Reserve Chair Jerome Powell.
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