BP plc shares experienced a 1.70% decline on Monday, reaching $30.99, as crude oil prices plummeted over 6%. The downturn in oil prices, triggered by targeted Israeli airstrikes in Iran, has put pressure on BP’s stock ahead of its third-quarter earnings report scheduled for Tuesday. The company, a major player in global energy markets, is highly sensitive to oil price fluctuations.
BP plc shares experienced a 1.70% decline on Monday, reaching $30.99, as crude oil prices plummeted over 6%. The downturn in oil prices, triggered by targeted Israeli airstrikes in Iran, has put pressure on BP’s stock ahead of its third-quarter earnings report scheduled for Tuesday. The company, a major player in global energy markets, is highly sensitive to oil price fluctuations.
