This is our first report on oil major, BP. With its results just around the corner, the company’s stock has already begun an upward trajectory. Its last results were excellent with Brent averaging $114 per barrel, up from $102 per barrel in the initial part of the year. This had helped the company deliver an all-around beat. Its inventory levels were significantly below the five-year norm caused by decreased spare global capacity. Average European prices fell during the second quarter as increas ....
