Summary
OIL major BP's shares rose yesterday despite the firm saying production levels dipped to about four million barrels of oil a day in its second trading quarter.
The market focused more on news that the price of crude surged to almost dollars 70 dollars a barrel in Q2.See the full content of this document
Extract
Bp's Production Falls but Market Cheers Price Strength
Brent crude reached an average of dollars 69.53 a barrel, compared with dollars 61.79 in the first quarter ...
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