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BP stock news & analysis

Everything Pomegra has published on BP: 30 news articles and 0 market briefs, newest first.

BP news

Oil Tops $103 as US-Iran Strikes Intensify
Markets
SEISMIC
Sep 206 min read

Oil Tops $103 as US-Iran Strikes Intensify

Renewed U.S. airstrikes on Iranian Revolutionary Guard targets and Houthi drone hits on a critical Saudi Aramco pipeline sustain Brent crude above $103 a barrel and push U.S. diesel to a historic…

Libya Drone Attacks Drive Crude Oil Price to $89.21
Markets
MAJOR
Sep 156 min read

Libya Drone Attacks Drive Crude Oil Price to $89.21

Brent crude surged 3.34% to $89.21 in a single session after Libya's National Oil Corporation threatened force majeure at the Zawiya complex, adding a key OPEC producer to a widening…

FTSE 100 Defies Global Selloff on BP, Shell Surge
Markets
NOTABLE
Sep 146 min read

FTSE 100 Defies Global Selloff on BP, Shell Surge

FTSE 100 rose 0.4% as BP and Shell each gained 1.5%, with Brent crude above $87 a barrel making energy majors rare safe havens in a global equity selloff.

US Strikes Three Iranian Tankers Near Kharg Island
Geopolitics
SEISMIC
Sep 76 min read

US Strikes Three Iranian Tankers Near Kharg Island

US forces struck the M/T Downy, M/T Stark 1, and M/T Kylo on Saturday, the sharpest naval escalation of 2026, sending Brent crude toward $97 a barrel as nuclear diplomacy collapsed.

Iran: Hormuz Strait Stays Closed Until Demands Met
Geopolitics
SEISMIC
Aug 147 min read

Iran: Hormuz Strait Stays Closed Until Demands Met

Iran's Supreme National Security Council insists the Strait of Hormuz will not reopen for commercial shipping until Washington lifts its naval blockade, withdraws military forces, and pays war…

Oil Climbs as Hormuz Talks Stall and Bab al-Mandab Strait Turns Deadly
Geopolitics
MAJOR
Aug 127 min read

Oil Climbs as Hormuz Talks Stall and Bab al-Mandab Strait Turns Deadly

Brent crude rose about 1.2% Tuesday after a deadly Houthi double-tap strike on an oil tanker in the Bab al-Mandab Strait compounded investor anxiety over stalled U.S.-Iran Strait of Hormuz…

Iran IRGC Holds Hormuz Blockade, Demands $300B Fund
Geopolitics
SEISMIC
Aug 107 min read

Iran IRGC Holds Hormuz Blockade, Demands $300B Fund

Iran's Revolutionary Guards have declared they will keep the Strait of Hormuz sealed until Washington meets Tehran's full terms, sending LNG prices 51% higher and stranding roughly 20 million…

Iran: Oman Hormuz Deal Near, No Direct US Talks
Geopolitics
SEISMIC
Aug 107 min read

Iran: Oman Hormuz Deal Near, No Direct US Talks

Tehran says a Hormuz transit framework with Muscat is nearly complete but flatly contradicts Washington's assertion that Iran is engaged in any direct US-mediated negotiations.

Hormuz Fee Window Expires Aug. 16 With Gap Unresolved
Geopolitics
SEISMIC
Aug 97 min read

Hormuz Fee Window Expires Aug. 16 With Gap Unresolved

With Iran's 60-day fee-free transit period ending August 16, Oman-mediated talks remain deadlocked over a 5–7% cargo levy versus a 3% counterproposal, leaving global energy markets on edge.

Iran's Zolghadr Sets Six Conditions to Reopen Hormuz
Geopolitics
SEISMIC
Aug 98 min read

Iran's Zolghadr Sets Six Conditions to Reopen Hormuz

Iran's security chief Mohammad Bagher Zolghadr on Saturday issued six sweeping demands — spanning Lebanon, Palestine, Yemen and Iraq — and declared the Strait of Hormuz will remain closed until…

Crude Oil Posts 9% Weekly Loss as Demand Destruction Deepens
Markets
MAJOR
Aug 87 min read

Crude Oil Posts 9% Weekly Loss as Demand Destruction Deepens

Brent and WTI crude each shed roughly 9% across the trading week ending August 8, the steepest weekly decline of 2026, as structural demand erosion and surging OPEC+ supply overwhelm the market.

FTSE 100 Closes In On 11,000 As Capital Flees US Tech
Markets
MAJOR
Aug 77 min read

FTSE 100 Closes In On 11,000 As Capital Flees US Tech

London's FTSE 100 nears 11,000 as Bank of England easing, weak sterling, and capital rotating from expensive US technology shares push British blue chips to historic levels.

OPEC+ Vienna: 188,000-bpd September Hike, Q4 Output Freeze
Geopolitics
MAJOR
Aug 26 min read

OPEC+ Vienna: 188,000-bpd September Hike, Q4 Output Freeze

OPEC+'s seven core producers approved a 188,000 bpd September hike at Vienna, completing 2023's voluntary cut rollback before freezing output through Q4 2026.

July Consumer Sentiment Survey Reaches Five-Month High
Markets
Aug 27 min read

July Consumer Sentiment Survey Reaches Five-Month High

Michigan's July consumer sentiment survey beat expectations at 55.2 as gas prices retreated, while ExxonMobil and Chevron posted a combined $26.6 billion Q2 profit ahead of August's pivotal…

Iran Claims Drone Strike on US Kuwait Air Base
Geopolitics
Aug 17 min read

Iran Claims Drone Strike on US Kuwait Air Base

Iran's military says drones struck U.S. assets at Kuwait's Ahmad al-Jaber Air Base on July 31, in the conflict's 27th retaliatory wave; CENTCOM has not responded.

Iran–Oman Hormuz Shipping Talks Advance
Geopolitics
Jul 298 min read

Iran–Oman Hormuz Shipping Talks Advance

Iran and Oman are negotiating a three-lane maritime framework to restore Hormuz tanker traffic, with daily transits collapsed to just 10 against a pre-crisis baseline of 88 per day as of late July…

XOM, CVX Lead Energy Selloff as Crude Nears $69
Markets
Jul 286 min read

XOM, CVX Lead Energy Selloff as Crude Nears $69

ExxonMobil and Chevron shed more than 3% and 2.7%, respectively, as West Texas Intermediate crude approached $69 per barrel Monday, pulling the broader energy sector to multi-month lows and…

Oil Nears $100 as Gulf States Race for Hormuz Exits
Geopolitics
Jul 257 min read

Oil Nears $100 as Gulf States Race for Hormuz Exits

Brent crude trades near $98 a barrel in late July 2026 as the effective closure of the Strait of Hormuz since March forces Saudi Arabia, the UAE, and Iraq to accelerate multi-billion-dollar bypass…

Red Sea Oil Chokepoint: Brent Hits $99 on Houthi Tanker Strikes
Geopolitics
Jul 237 min read

Red Sea Oil Chokepoint: Brent Hits $99 on Houthi Tanker Strikes

Houthi missile and drone strikes on two Saudi crude carriers in the Red Sea on Wednesday push Brent crude toward $100 a barrel, threatening a global energy supply chain already strained by the…

Crude Oil Surges 3% as Strait of Hormuz Fears Spread to Red Sea
Geopolitics
Jul 227 min read

Crude Oil Surges 3% as Strait of Hormuz Fears Spread to Red Sea

Brent crude climbed above $94 and WTI topped $86 on July 22, 2026, as Houthi missile deployments near Bab el-Mandeb threatened to close a second critical energy chokepoint alongside the Strait of…

OPEC+ Production Boost Eases Oil Supply Fears
Markets
Jul 227 min read

OPEC+ Production Boost Eases Oil Supply Fears

OPEC+'s fourth consecutive monthly quota increase adds 188,000 barrels per day, pulling Brent crude below $92 and signaling a gradual return to normalcy in the global energy market.

Oil Volatile as Hormuz 'Accident' Revives Blockade Fears
Geopolitics
Jul 217 min read

Oil Volatile as Hormuz 'Accident' Revives Blockade Fears

Brent crude climbed back above $89 a barrel on Monday as a fresh tanker strike near the Strait of Hormuz shattered hopes of a durable ceasefire between the United States and Iran, raising the…

Oil Price Surge July 18: Iran Infrastructure Strikes Drive Global Energy Volatility
Geopolitics
Jul 187 min read

Oil Price Surge July 18: Iran Infrastructure Strikes Drive Global Energy Volatility

Brent crude jumped 4.6% to $88.10 on July 18, as U.S. airstrikes widened against Iranian infrastructure and Tehran retaliated by targeting Gulf state civilian facilities, sending global energy…

Oil Surges 3% on US-Iran Strikes as Talks Delayed
Geopolitics
Jul 176 min read

Oil Surges 3% on US-Iran Strikes as Talks Delayed

Oil prices climbed sharply on July 17 as fresh US-Iran infrastructure strikes and collapsed peace negotiations reignited fears of a prolonged global energy supply risk with no diplomatic off-ramp…

China: World's First Oil Swing Importer
Geopolitics
Jul 167 min read

China: World's First Oil Swing Importer

China's 1.4 billion-barrel crude stockpile has made Beijing the world's first oil swing importer, giving it the power to cap oil price volatility and reshape global oil demand in ways no consuming…

Trump Confirms Iran Breakthrough; 2-Week Truce Eyed
Geopolitics
Jul 167 min read

Trump Confirms Iran Breakthrough; 2-Week Truce Eyed

Trump confirms a diplomatic breakthrough with Iran as Qatar and Oman mediators push for a new two-week truce to revive stalled Hormuz and nuclear talks.

China Oil Imports Drop to Near 10-Year Low on Weak Demand
Markets
Jul 148 min read

China Oil Imports Drop to Near 10-Year Low on Weak Demand

China's crude oil imports plunged 41% year-on-year in June 2026 to their lowest level in nearly a decade, as refinery utilization hit decade lows and structural shifts in energy demand reshape the…

Citigroup Double-Downgrades UK Stocks to Underweight
Markets
Jul 146 min read

Citigroup Double-Downgrades UK Stocks to Underweight

Citigroup cut its UK equity rating from overweight to underweight on July 13, 2026, citing the FTSE 100's heavy defensive tilt as a liability in broadening global markets.

European Stocks Edge Lower on US-Iran Escalation
Geopolitics
Jul 146 min read

European Stocks Edge Lower on US-Iran Escalation

European stocks edged lower July 13 as US-Iran strikes and Hormuz tensions pushed Brent crude above $78 a barrel, testing global equity market resilience from the DAX to the FTSE.

US-Iran Ceasefire Collapses as Gulf Strikes Widen
Geopolitics
Jul 136 min read

US-Iran Ceasefire Collapses as Gulf Strikes Widen

The US-Iran ceasefire has collapsed as Washington and Tehran trade Middle East missile strikes across Gulf states, driving Brent crude back toward $80.