BP: Finally We See A Catalyst

On October 7, Reuters reported that BP (NYSE: BP ) ( OTCPK:BPAQF ) management has apparently abandoned its previous target to cut production by 25% vs 2019 through the end of the decade. Citing unnamed sources, the report noted that Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation ...