Outlook: in just 12 months the BP share price could turn £10,000 into…
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The BP (LSE: BP) share price has had a rough time lately. In fact, it’s been struggling ever since the turn of the millennium. Once seen as a go-to blue-chip FTSE 100 stock, today it comes with an awful lot of baggage.
It took years for the oil giant to recover from the Deepwater Horizon disaster in 2010. When the 2022 oil shock sent the shares surging, there was a brief sense that the worst might be behind it. That rally has long since faded. With oil now hovering around $65 a barrel, BP is still turning a profit, but signs of strain are clear.
If President Trump’s renewed trade tariff threats drag the global economy into recession, oil prices could slide even further. Any progress on…
