: BP said U.S. regulators were considering filing charges against it related to alleged manipulation of the gas market. "The U.S. Federal Energy Regulatory Commission (FERC) and the U.S. Commodity Futures Trading Commission (CFTC) are currently investigating several BP entities regarding trading in the next-day natural gas market at Houston Ship Channel during October and November 2008," BP said on Wednesday. The FERC's enforcing body is now mulling whether to pursue charges against BP, which was prosecuted on propane market manipulation charges in 2006.

BING NEWS:
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    Global oil demand will fall to around 80 million to 100 million barrels per day by 2035 in a net-zero environment, BP's chief U.S. economist told an energy conference in Dallas on Wednesday. Crude oil ...
    11/13/2024 - 4:42 am | View Link
  • U.S. Markets
    Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...
    11/12/2024 - 11:00 am | View Link
  • Oil Market Volatility Sees BP Post Lowest Quarterly Profits In 4 Years
    Oil and gas giant BP (LON: BP) has unveiled its lowest quarterly profits since Q4 2020 when the industry's performance took a nosedive during the Covid-19 pandemic.
    10/29/2024 - 2:18 am | View Link
  • BP’s Profit Hits Four-Year Low on Commodity Market Weakness
    BP’s profit fell less than expected in the third quarter as weak oil prices, refining margins continued to weigh on the energy sector.
    10/29/2024 - 1:01 am | View Link
  • BP Options Trading: A Deep Dive into Market Sentiment
    Delving into the details, we found 41% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $662,350, and 4 were calls, valued ...
    10/28/2024 - 3:37 am | View Link
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