Lates News

Revenue expectations for BP Plc are lagging behind key industry data closely related to its sales. Analysts predict a 7.1% decline in the company's revenue for the latest quarter compared to the same period last year. Meanwhile, production of petroleum and coal products in the U.S. fell by 0.4% during the same period. Over the past six years, BP's revenue has shown a correlation of 0.7 with this index. Since the end of the first quarter on March 31, BP's stock price has dropped by 8.6%.