BP

Brent crude rose to $97, pushing bond yields higher. The German AfD party won a significant victory in Saxony-Anhalt, while the U.S. stock market stayed closed for Labor Day.

Oil majors are adopting a tougher stance in labor negotiations. BP and Marathon are using refinery lockouts to push for concessions from unionized workers.

BP's turnaround is gaining momentum, according to RBC. The company is benefiting from stronger commodity conditions, asset sales, and cost reductions.

Energy stocks fell before the market opened on Friday. The State Street Energy Select Sector SPDR ETF (XLE) was among the declining stocks.

Shell has acquired stakes in BP-operated deepwater prospects in Brazil and the Gulf of America. This partnership expands exposure to potentially significant discoveries.

Aster leads perpetual DEX tokens with 256,000 holders, five times its nearest rival. The token trades 70% below its record high.

Discover BP p.l.c.’s leadership changes (Ian Tyler, Meg O’Neil) and strategic priorities—plus why it may be a value trap amid execution risks. Click for an update.

Piper Sandler analyst John Royall maintains a neutral stance on BP. The firm raised its price target from $43 to $46.