Tag: BHP

Oil drops on increased US drilling

Oil drops on increased US drilling

The FTSE 100 was up 0.574pc at 7,111.79 ahead of midday trading, despite underwhelming GDP data, which showed GDP in December tumble 0.4pc. Miners BHP and Evraz were amongst the index’s top performers, up 1.33pc and 2.09pc respectively. International benchmark Brent crude slipped 0.34pc at $61.89 as oil prices fell […]

Brent crude rebounds

Brent crude rebounds

The FTSE was up 0.925pc at 7,017.19 during midday trading, having reached 7,032.42 earlier in the session as all major sectors rose, including financial and resource groups. BHP was amongst the few big losers on the strong FTSE 100, down 1.81. Brent crude rebounded to reach $59.83, up 1.75pc, after […]

BP pay cash for BHP’s assets after bumped profits

BP pay cash for BHP’s assets after bumped profits

BP is set to fund its acquisition of BHP’s US shale assets in cash after it more than doubled its earnings during the third quarter of this year, in comparison to that period in 2017, boosted by higher oil prices and a faster rate of project delivery. Underlying replacement cost […]

Sterling set for second highest rise in 2018

Sterling set for second highest rise in 2018

The FTSE 100 was up 0.236pc at 7,298.73 at the midday mark, despite a strong performing UK currency. Global mining giants helped the boost of the FTSE 100 with strong performances from Anglo American, BHP and Evraz, which were up 1.47pc, 1.21pc and 1.52pc respectively. Brent crude bounced back to […]

BHP lead FTSE 100 losses

BHP lead FTSE 100 losses

The FTSE 100 dropped 0.168pc at 7,370.89 with mining giant BHP leading losses, down 3.41pc after last night’s quarterly review saw no changes to the constituents of the index. A weaker dollar and evidence of higher US fuel demand pushed Brent crude up 0.32pc at $77.52, although escalating US trade […]

FTSE 100 up on weak pound

FTSE 100 up on weak pound

The FTSE 100 was boosted 0.835pc at 7,494.47 on a weaker pound after a revival of Brexit concerns as global stocks fell for the third day, hurt by worries over escalating trade disputes. Mining giants Anglo American and BHP were amongst the top performers on the FTSE 100, up 1.71pc […]

Sterling up on Trump comments

Sterling up on Trump comments

The FTSE 100 dipped 0.133pc at 7,581.15 following US President Donald Trump’s criticism of US policymakers for hiking interest rates which ultimately led to a strengthened pound. Mining giants BHP and Rio Tinto were amongst the worst performers on the FTSE 100, down 1.11pc and 1.09pc respectively. International benchmark Brent […]

Brent crude up on US sanctions

Brent crude up on US sanctions

The FTSE 100 was up 0.953pc at 7,736.81 after US trade tensions relieve pressure from the increased prospects of a no deal Brexit. Miners were leading the FTSE 100 with giants Anglo American and BHP up 3.35pc and 3.32pc respectively. Brent crude was up 1.52pc at $74.87 as revived US […]