BP share price climbs in London as oil firms on Iran worries; buyback and Venezuela gas in focus
BP shares rose 1.4% to 462.40 pence in early London trading, lifted by stronger oil prices. Brent crude closed at $68.40 a barrel, up 1.23%. Investors are watching BP’s Feb. 10 earnings and its efforts with Shell to secure U.S. licenses for Venezuelan gas projects. BP bought nearly 2.9 million shares on Jan. 27 as part of its buyback program.