Tag Archives: oilprice

Oil major BP on Monday said it was taking up to $ 17.5 billion in charges as it lowers its assumptions for the fossil fuels it sells. BP said a charge will range from $ 13 billion to $ 17.5 billion in the second quarter, citing both its review of …

President Donald Trump on Monday blamed Saudi Arabia and Russia’s dispute over oil prices, plus what he called “fake news,” for steep stock-market losses, as he was set to be briefed on policy options for responding to the coronavirus. The main U.S. stock indexes DJIA, -4.82% SPX, -4.75% COMP, -4.36% …