Business
BP, Buoyed by Resurgent Oil Price, to Boost Investor Returns
LONDON— BP PLC benefited from resurgent oil prices inside the third quarter and said it would buy once more additional shares, though the facility huge’s income was worn out by an accounting topic.
The London-listed agency said Tuesday that previous higher commodity prices, its outcomes had been boosted by optimistic components in its refining enterprise and in natural-gas shopping for and promoting, and that it would use just a few of its surplus cash to buy once more $1.25 billion of stock inside the coming months.
https://www.wsj.com/articles/bp-buoyed-by-resurgent-oil-price-to-boost-investor-returns-11635856961?mod=pls_whats_news_us_business_f | BP, Buoyed by Resurgent Oil Value, to Improve Investor Returns