Advertisement
UK markets closed

  • NIKKEI 225

    38,405.66
    +470.90 (+1.24%)
     

  • HANG SENG

    17,763.03
    +16.12 (+0.09%)
     

  • CRUDE OIL

    81.55
    -1.08 (-1.31%)
     

  • GOLD FUTURES

    2,297.30
    -60.40 (-2.56%)
     

  • DOW

    37,815.92
    -570.17 (-1.49%)
     

  • Bitcoin GBP

    48,148.75
    -2,215.26 (-4.40%)
     

  • CMC Crypto 200

    1,284.86
    -54.20 (-4.05%)
     

  • NASDAQ Composite

    15,657.82
    -325.26 (-2.04%)
     

  • UK FTSE All Share

    4,430.25
    -4.93 (-0.11%)
     
Stocks:

Trending tickers: Amazon, Tesla, Samsung, Mercedes-Benz, Whitbread

The latest investor updates on stocks that are trending on Tuesday

BP says U.S. shale oil output to keep a check on spike in oil prices

Reuters - UK Focus

CAIRO, Feb 14 (Reuters) - BP's CEO said on Tuesday that U.S. shale oil production will keep a check on any spikes in oil prices.

Bob Dudley, speaking at an media conference, also said he sees about $55-60 per barrel as a healthy price for crude oil.

Egypt has gone from exporting energy to being a net importer as domestic output has failed to keep pace with rising demand. (Reporting by Lin Noueihed and Eric Knecht; Editing by Louise Ireland (Other OTC: IRLD - news) )