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BP. Bp Plc

524.60
2.10 (0.40%)
Last Updated: 08:08:48
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.10 0.40% 524.60 524.50 524.80 524.90 523.30 524.20 681,867 08:08:48
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.85 89.13B

Traders See Continued Strong Crude Demand on Oil Price Slump

21/04/2015 2:56pm

Dow Jones News


Bp (LSE:BP.)
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By Sarah Kent

LAUSANNE--Strong oil demand in the first months of the year is pointing to an uptick in consumption amidst the deepest price slump since the 2008 financial crisis, a panel of commodities traders told an industry conference Tuesday.

Vitol, the world's largest oil trader, sees oil demand increasing by 1.2 million barrels a day this year, almost double its rate of growth last year. BP PLC's (BP) trading arm is expecting oil demand will be at the top end of forecasts this year at around 1.4 million to 1.5 million barrels a day.

Write to Sarah Kent at sarah.kent@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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