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BP halves its dividend
BP engineers ©
Income investing

BP halves its dividend

BP has announced a record quarterly loss for the three months to the end of June – $17.7bn – and cut its dividend in half.
6 Aug 2020
BP has slashed its dividend – and markets love it
BP logo © Oli Scarff/Getty Images
Income investing

BP has slashed its dividend – and markets love it

BP has bowed to the inevitable and cut its dividend in half – and its share price promptly rose. John Stepek explains what it means for shareholders …
4 Aug 2020
Can the oil-price rally continue?
Oil

Can the oil-price rally continue?

The oil price has risen by 120% since its April low. But that is encouraging producers to increase supply.
31 Jul 2020
Watch out income investors – BP looks likely to cut its dividend in the near future
BP logo © G
Income investing

Watch out income investors – BP looks likely to cut its dividend in the near future

Oil major BP is writing billions off the value of its assets as it struggles to adapt to the changing world. Unlike Shell, however, BP hasn’t yet cut …
15 Jun 2020
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Saudi Arabia slips on cheap oil
Saudi Arabia's Crown Prince Mohammed bin Salman © MANDEL NGAN/AFP via Getty Images
Emerging markets

Saudi Arabia slips on cheap oil

The Kingdom of Saudi Arabia had big plans to diversify its economy so that it was no longer so reliant on oil revenue. The current crisis arrived befo…
23 May 2020
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Oil market begins to rebalance
Oil

Oil market begins to rebalance

Oil prices remain historically depressed, but they have perked up a little this week.
7 May 2020
Negative oil prices are just one result of banning bankruptcy
Oil

Negative oil prices are just one result of banning bankruptcy

Negative oil prices are a result of low interest rates and cheap credit propping up inefficient businesses. Bankruptcy is part of the fabric of capita…
28 Apr 2020

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Oil sector faces collapse
Oil

Oil sector faces collapse

Should embattled US oil producers be bailed out? And what will happen to Shell and BP’s dividends this year? Matthew Partridge reports.
23 Apr 2020
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How ETFs broke the oil market
Oil

How ETFs broke the oil market

The bizarre collapse in US crude may have been worsened by high levels of trading in a popular exchange-traded fund.
23 Apr 2020
Below zero: oil plunges into negative territory
Oil

Below zero: oil plunges into negative territory

US oil’s unprecedented collapse is mostly due to how it is traded – but also to the shock to global GDP, says Alex Rankine.
23 Apr 2020
The negative oil price meant traders couldn’t give the stuff away – here’s what that means
Oil

The negative oil price meant traders couldn’t give the stuff away – here’s what that means

With a lot more oil being produced than anyone can use and storage space running out, the oil price briefly turned negative. John Stepek explains what…
21 Apr 2020
The oil-price war is not over – it's just on hold
Oil

The oil-price war is not over – it's just on hold

Both Opec and Russia have agreed to restrict oil output by ten million barrels per day from next month. But the oil price war isn't over yet.
16 Apr 2020
Saudi Arabia heads for a "lost year"
Oil

Saudi Arabia heads for a "lost year"

The Covid-19 pandemic has frozen Saudi Arabia's economy and left it with lakes of unwanted oil.
16 Apr 2020
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The world could soon be drowning in oil
Oil

The world could soon be drowning in oil

Oil hit an 18-year low this week. And we could even see oil prices turn negative.
3 Apr 2020
Oil shoots higher – have we seen the bottom for the big oil companies?
Oil

Oil shoots higher – have we seen the bottom for the big oil companies?

Just a few days ago everyone was worried about negative oil prices. Now, the market has turned upwards. John Stepek explains what’s behind the rise an…
3 Apr 2020
Oil prices have collapsed – and some argue that they could even turn negative
Oil

Oil prices have collapsed – and some argue that they could even turn negative

With an excess of supply and a drastic cut in demand, the oil price has been hammered this year. John Stepek looks at what that means for oil produce…
30 Mar 2020
Extraordinary times create extraordinary opportunities – these assets look cheap
Gold

Extraordinary times create extraordinary opportunities – these assets look cheap

With the stage set for some monumental fiscal stimulus, this is most definitely a time to own some gold. And if you’re bold enough, says Dominic Frisb…
18 Mar 2020
Will an oil price war spark a global crisis?
Oil

Will an oil price war spark a global crisis?

The oil price suffered its biggest fall since the 1991 Gulf War after Saudi Arabia and Russia decided to bump up production at a time of reduced deman…
12 Mar 2020
Black Monday: what the oil price crash means for your money
Oil

Black Monday: what the oil price crash means for your money

Oil gave investors a nasty shock today as the price of crude fell harder than at any time for nearly 30 years. John Stepek explains why, and what it m…
9 Mar 2020
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Coronavirus is a "black swan" event for oil
Oil

Coronavirus is a "black swan" event for oil

The coronavirus outbreak is leaving the energy industry facing the prospect of no overall demand growth for the calendar year. 
15 Feb 2020
Have we reached the end of the road for petrol cars?
Global Economy

Have we reached the end of the road for petrol cars?

The prime minister has said that all new sales of vehicles with internal combustion engines will be banned from 2035. Is that achievable?
15 Feb 2020
A look at the state of Iran’s feeble economy
Economy

A look at the state of Iran’s feeble economy

The Islamic Republic is a big player in regional geopolitics, but its economy is weak, its people in revolt and its enemies growing bolder. Simon Wils…
11 Jan 2020