BP Expects Boost From Higher Upstream Production But Warns of Weak Oil Trading Result
NeutralFinancial Markets

BP is currently undergoing a strategic reset aimed at improving its balance sheet due to declining profitability and pressure from an activist investor. While the company anticipates a boost from higher upstream production, it also warns of weak results in oil trading. This situation highlights the challenges BP faces in adapting to market conditions while trying to satisfy investor demands.
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