BP Warns of Weak Oil Trading, Flags Up to $5 Billion Impairment in Low-Carbon Division
WSJ·2026-01-14 07:34

Group 1 - The energy company has indicated that its fourth-quarter oil-trading performance is expected to be weak, which will negatively impact earnings [1] - This warning aligns with a similar statement made by British peer Shell, suggesting a broader trend in the industry regarding oil trading performance [1]