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BP hails ‘exceptional’ trading as oil prices soar in Iran war

The Guardian Business April 14, 2026 · 10:13 am Read Original

Bullish 72.5

−100 Bearish 0 +100 Bullish

BP hails ‘exceptional’ trading as oil prices soar in Iran war

Citi analysts upgrade profit forecast by 20% to $2.6bn for January to March despite flat oil and gas productionBusiness live – latest updatesBP expects to post “exceptional” earnings from its oil trading desk, reaping a windfall from choppy energy markets triggered by the US-Israeli war on Iran.Energy traders are navigating significant market volatility after Tehran’s effective closure of the key strait of Hormuz shipping route. Continue reading...

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source The Guardian Business

Published Apr 14, 2026 · 10:13 am

Article ID tbin5ns

Original URL Open source

Bullish 72.5

−100Neutral+100

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