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BP BP Plc

38.71
0.04 (0.10%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BP Plc NYSE:BP NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.04 0.10% 38.71 38.74 38.11 38.48 8,071,028 01:00:00

Energy Executives at Davos Upbeat After Two-Year Price Rout

20/01/2017 2:01pm

Dow Jones News


BP (NYSE:BP)
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By Elena Cherney

 

DAVOS, Switzerland--The oil price recovery is boosting the mood of energy-industry leaders at the World Economic Forum in Davos, Switzerland, with many expressing confidence that the market is rebalancing after a two-year price collapse.

"Everybody thinks the worst is over," said Emma Marcegaglia, chairman of Eni SpA, Italy's biggest oil company. "The mood is completely different compared with last year. The mood is better."

 

Write to Elena Cherney at elena.cherney@wsj.com

 

(END) Dow Jones Newswires

January 20, 2017 08:46 ET (13:46 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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