BP Shares Edge Lower Despite Oil Gains—Traders Eye Moves
BP’s shares in London edged lower on Tuesday, losing 3.2 pence to 548.0p, down 0.6% in late-morning trade. A higher crude price didn’t give the stock a boost after the long UK weekend. BP opened at 543.1p, touched 549.2p, but never topped last Friday’s close at 551.2p, according to LSEG data from Investors Chronicle.