Previous close | 0.0300 |
Open | 0.0300 |
Bid | 0.0100 |
Ask | 0.4100 |
Strike | 32.00 |
Expiry date | 2024-06-07 |
Day's range | 0.0300 - 0.0300 |
Contract range | N/A |
Volume | |
Open interest | 130 |
Hussein Julood is taking legal action against British energy giant BP after he lost his son to leukaemia, which he alleges was caused by gas flaring at Iraq's largest oil field. BP is one of the biggest foreign players in Iraq's oil sector, with a history of producing oil in the country dating back to the 1920s when it was still under British mandate.
Scion Asset Management announced a $6.5bn stake in BP this week. But what could Michael Burry be seeing in an underperforming FTSE 100 oil company? The post Michael Burry just bought 175,000 shares in this FTSE 100 company appeared first on The Motley Fool UK.
BP's focus on operational efficiency and cost management is set to yield at least $2 billion in cash cost savings by the end of 2026.