LSE:BP 24 June 2026 - 8 July 2026

BP shares rise as oil shock tests debt-first repair trade

BP Shares Eye 700p as Traders Watch Next Key Test

BP shares fell in London on Thursday afternoon after a string of UK retail-investor columns flagged RBC Capital’s 700p target and floated the idea that a £9,999 stake could be worth more by July 2027. The pieces linked to a bullish RBC note and made the case for a rebound after BP’s slide, with the focus back on whether the company can actually cut debt as oil prices steady and bring more consistent cash flow. RBC’s Biraj Borkhataria stuck with a Buy call on BP Thursday, steady on the 700 pence target, MarketScreener said, citing dpa-AFX Analyser. That’s still far above BP’s trading level Thursday. The target isn’t BP’s own guidance.
July 9, 2026
FTSE 100 drops as oil surge stokes rate fears

FTSE 100 drops as oil surge stokes rate fears

UK stocks fell Wednesday as oil’s rally stopped being an easy win for London. Brent prices lifted BP and Shell, but higher oil brought rate fears back. The FTSE 100 had energy names up, but most other shares fell. FTSE 100 lost ground Wednesday, showing the index hasn’t been a safe spot for investors. Still, it’s up 5.62% in 2024 and has gained 18.29% over the last 12 months, so there were profits on the table before the drop. The easy path for UK stocks in June now faces stiffer tests as earnings season arrives in July.
July 8, 2026
BP shares rise as oil shock tests debt-first repair trade

BP shares rise as oil shock tests debt-first repair trade

BP PLC rose against a falling London market on Wednesday, as crude’s jump gave traders a fresh reason to buy a stock still priced like a repair case rather than a finished turnaround. The London quote showed BP up 3.53% at 491.30 pence after the close, while the FTSE 100 fell 1.66% to 10,489.04. The day’s tape was clear. Oil risk lifted BP and Shell PLC, while most of the index sold off. Reuters said more than 80% of FTSE 100 names closed lower, with energy the top boost and industrial metal miners the biggest drag. BP rose 3.5% and Shell rose 2.3%, among the FTSE 100’s best performers.
July 8, 2026
FTSE 100 slides as oil rally can’t lift London shares

FTSE 100 slips after Trump ends Iran deal, oil surges

FTSE 100 drops even as oil majors BP and Shell climb. Crude prices rose, energy was the standout sector, but the main index still logged its steepest loss in almost eight weeks. Investors saw that London’s exposure to oil couldn’t shield the broader market once crude shifted into a rates and inflation story. London markets were closed at the time of writing. The LSE runs from 8:00 to 16:30 local. Moves below show closes or the last confirmed trades, not live prices.
July 8, 2026
FTSE 100 slides as oil rally can’t lift London shares

FTSE 100 slides as oil rally can’t lift London shares

London shares dropped on Wednesday, but moves were split. Oil majors held up with higher crude, while most other stocks fell as fuel costs and inflation fears rose, plus a new Middle East worry after U.S. President Donald Trump said the first Iran deal was done. Reuters reported the FTSE 100 off 1.3% to 10,519.17 at 1111 GMT, with the FTSE 250 down 1.7%. Market breadth stood out for investors. Energy was up—it was the only sector in the green earlier. Defence stocks fell the hardest, which doesn’t happen often when markets are moving on Middle East risks. BP gained 3%, Shell added 1.8%. Precious-metals miners dropped 3.6% as gold lost over 1%.
July 8, 2026
BP (LON:BP) trades around 470p, Bay du Nord exit eases long-term capex

BP gains after Bay du Nord exit lowers capex ahead of planned buybacks

BP PLC moved higher Tuesday after quitting the Bay du Nord oil project in Canada. Investors focused on the numbers after the move, with BP’s 37.2% share of the C$14 billion project representing about $3.66 billion in future development costs. That would have been about 28% of its planned capital spending for 2026. Shares were at 473.90p, up 6.10p or 1.30% as of 10:51 BST, LSEG data from Investors Chronicle showed. The stock has gained 27.48% over the past year, but it's still under the median 12-month analyst target of 602.59p.
July 7, 2026
BP (LON:BP) trades around 470p, Bay du Nord exit eases long-term capex

BP (LON:BP) trades around 470p, Bay du Nord exit eases long-term capex

BP shares stayed near 470p on Monday after the company said it will sell its Bay du Nord project. The move means BP will have lower capex commitments in the years ahead. BP PLC ticked up in London on Monday after the company said it would exit the Bay du Nord oil project in Canada. The deal eases BP’s future capital spending, but shares barely reacted.
July 6, 2026
BP PLC (LON:BP) stock ends volatile week below FTSE as Brent curve turns against trading cushion

BP PLC (LON:BP) stock ends volatile week below FTSE as Brent curve turns against trading cushion

With the London Stock Exchange shut for the weekend, BP PLC ended a choppy week with a small loss that hid the larger shift under the stock. The shares closed Friday at 467.15p, after falling as low as 450.60p on Thursday and trading as high as 474.75p on Monday. That was a 5.4% intraday peak-to-trough swing in four sessions. Friday volume fell to 13.06 million shares, about one-third of the week’s daily average, based on Reuters calculations from Investing.com data. *Week move compares July 3 close with June 26 close, using closing prices.
July 4, 2026
BP PLC trades near 460p as oil risk premium drops, trading desk gets new leadership

BP PLC trades near 460p as oil risk premium drops, trading desk gets new leadership

BP PLC ticked higher in London on Thursday, but the move barely dented losses for June. The stock is still acting more like an oil risk trade losing premium than a straightforward rebound. BP shares traded 0.99% higher at 460.10p as of 11:01 a.m. London, showing a 20-minute delay. The stock opened at 453.00p and moved between 450.60p and 460.20p. Shares are still down 24.5% from the 609.40p high this year, even with a dividend yield around 5% and a market cap near 71.1 billion pounds.
July 2, 2026
FTSE 250 outpaces FTSE 100 as domestic and defence names help London market

FTSE 250 outpaces FTSE 100 as domestic and defence names help London market

FTSE 250 outperformed the FTSE 100 on Wednesday as mid-caps climbed 1.38% to their highest in a week. The FTSE 100 slipped 0.18%, weighed down by declines in healthcare and oil heavyweights. Regular London trading hours were 0800 to 1630 local, as usual. The spread suggested the trade was cleaner than the main index let on. Dollar earners in the FTSE 100 with heavy exports got hit by declines in oil and pharma. Domestic and specialist mid-caps saw buyers step in, though the Bank of England offered no signal on rate cuts.
July 1, 2026
FTSE 250 edges past FTSE 100 as CMC and defence names help offset commodity drop

FTSE 250 edges past FTSE 100 as CMC and defence names help offset commodity drop

UK stocks split by size on Wednesday. The FTSE 100 finished 66.01 points lower at 10,431.11, near the session bottom of 10,429.17. The FTSE 250 put on 74.82 points to close at 23,088.27, shrugging off stronger gilt yields. Commodity exporters took the hit, with midcaps up on a sharp move in one trading-platform stock and a push in defence shares. The split is key since it complicates the idea that the “UK market” is just moving lower. FTSE 100 had just closed out its sixth straight quarterly gain, rising in 11 of the last 12 months. FTSE 250 posted its biggest quarterly jump in five quarters, Reuters said. Wednesday’s session looked more like a shift in sectors and earnings than
July 1, 2026
BP stock trails Shell after Brent rally leaves discount on debt

BP lags FTSE as oil drops, debt target draws attention

BP Plc edged down 0.32% to 471.20 pence as of 1202 BST, with the FTSE 100 up 1.09% at 10,598.45. BP traded between 467.75p and 472.10p on the day and is still roughly 22.7% off its 52-week high of 609.40p. London markets opened on a regular schedule, with the London Stock Exchange trading from 0800 to 1630 BST on June 30. The date doesn’t fall on a 2026 bank holiday in England and Wales, according to the LSE schedule.
June 30, 2026
BP stock trails Shell after Brent rally leaves discount on debt

BP stock trails Shell after Brent rally leaves discount on debt

BP PLC ticked up on Monday. But gains lagged Shell as traders continued to give BP a weaker read, keeping a discount in place over its higher debt load, despite oil pushing higher after new U.S.-Iran strikes. BP was at 470.60 pence, gaining 1.20p, or 0.26%, as of 08:55 BST after London opened. Shell added 13p to 2,911p, up 0.45% at the same time. BP volume stood at about 2.02 million shares, only 4% of the 65-day average. Shell saw 272,110 shares change hands, roughly 3% of its 65-day average.
June 29, 2026
FTSE 100 outperforms mid-caps as oil slide puts attention on rates

FTSE 100 outpaces FTSE 250 as markets watch for UK GDP, PMI data

London stocks are showing a split as the new week starts. The FTSE 100 was up 1.40% last week, but the FTSE 250 slipped 0.23%. The mid-cap gauge still tracks UK demand best, and fresh domestic numbers remain soft. Blue chips struggled Friday. Energy and banks led the FTSE 100 down, with Shell and BP each slipping over 0.9% as oil dropped 2.3%. The banks sub-index was off 1.4%. Autos fell 3.9%. Chemicals lost 3.0%. Wise stood out, jumping 9.6% after reporting a 21% jump in active customers to 18.9 million for fiscal 2026 and laying out a new share-buyback plan.
June 28, 2026
FTSE 100 outperforms mid-caps as oil slide puts attention on rates

FTSE 100 outperforms mid-caps as oil slide puts attention on rates

UK stocks closed out the week divided, with big overseas earners up while domestic shares lagged. Energy names—usually a support for the FTSE 100—fell as oil prices dropped on Friday. FTSE 100 finished Friday at 10,508.02, slipping 21.87 points for the session. Still, that's a 144.75-point rise from last week’s close at 10,363.27. The FTSE 250 ended at 23,147.19, losing some ground from 23,200.73 a week ago. That put blue chips ahead by a 1.6 percentage-point weekly margin.
June 27, 2026
FTSE 100 falls as oil and banks weigh, but still tops midcaps for week

FTSE 100 falls as oil and banks weigh, but still tops midcaps for week

The main session on the London Stock Exchange closed after the regular 8:00 a.m. to 4:30 p.m. BST trading window. This report was filed at 18:01 BST in London. FTSE 100 fell on Friday. For the week, the division was clearer: big firms with global sales finished up 1.4%, while FTSE 250, which leans domestic, slipped. The FTSE 100 is still running more on overseas earnings, gold and defensives than faith in UK demand.
June 26, 2026
BP (LON:BP) drops in London after Abu Dhabi gas deal as oil price slips

BP (LON:BP) drops in London after Abu Dhabi gas deal as oil price slips

BP PLC shares dropped during early London trade on Friday. Two new upstream-focused deals in Abu Dhabi and India weren’t enough to counter a softer oil price or ease worry among investors about how quickly BP is turning things around. BP shares slipped 1.7% to 472.8 pence at 09:01 BST, putting the oil major’s market cap close to 74 billion pounds. FTSE 100 also edged down around 0.2%. BP is trading 22.4% below its 52-week high of 609.4 pence.
June 26, 2026
BP shares claw back 2.8%, still down 5.7% for the week as Hormuz fears hit market

BP stock drops as oil retreats despite Abu Dhabi gas agreement

BP PLC slipped 1.4% to around 473 pence in late-morning trading in London on Thursday. The FTSE 100 added 0.3%. BP shares are down 5.1% since the close on Tuesday, trailing the FTSE 100, which is up 0.6% for the same stretch. BP lagged the index by about 5.7 percentage points. On Wednesday BP fell 3.73% while the FTSE edged up 0.31%.
June 25, 2026
BP shares claw back 2.8%, still down 5.7% for the week as Hormuz fears hit market

BP share-to-Brent jumps 26% after oil dips under $76

BP dropped 1.7% to 489.85 pence late Wednesday morning. Brent crude slid about 1.6% to around $75.88 a barrel. BP’s market cap was close to £75.7 billion. BP finished at 606.30 pence on March 31, with the May Brent contract settling at $118.35 that day. Based on Wednesday’s numbers, BP has fallen 19.2% since then, while crude is down 35.9%. The ratio of BP’s share price in pence to Brent in dollars is up 26%, the data show. That’s a rough measure of sensitivity, not an actual valuation metric.
June 24, 2026
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