British Petroleum's revenue expectations are more pessimistic than industry production data.

Revenue expectations for BP, the British oil company, lag behind key industry data closely related to its sales. Analysts predict a 7.1% decrease in the company's revenue for the latest quarter compared to the same period last year. During the same period, production of petroleum and coal products in the United States decreased by 0.4%. Over the past six years, the correlation between BP's revenue and this index has been 0.7. Since the end of the first quarter on March 31, BP's stock price has dropped by 8.6%.