BP stock slides on $5 billion clean-energy write-down warning as oil prices climb
London, January 14, 2026, 11:45 GMT — Regular session BP shares fell on Wednesday after the oil major warned of up to $5 billion in impairments linked to its low-carbon businesses and flagged weak oil trading into year-end. The stock was down 1.6% by mid-morning in London. (Reuters) The update lands at an awkward moment for European energy stocks. Investors have been leaning harder on cash flow and debt reduction after a year of softer crude prices, while boards keep tinkering with the balance between oil spending and transition bets. It also lands with oil prices lurching again on geopolitics.