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Tag: oil demand

BP
Business
  • Reuters
  • Feb 11, 2025
BP promises fundamental reset as Q4 profit hit four year low

BP joins other oil majors that have experienced a decline in earnings throughout 2024, following record earnings in the previous two years, as energy prices stabilised and global oil demand weakened.

Global oil prices
Business
  • Web Desk
  • Oct 25, 2023
Global oil prices extend decline for fourth consecutive day

Oil prices fell for the fourth consecutive day due to concerns over slowing European demand, outweighing worries about supply disruptions.

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