BP Sees Sequentially Higher Upstream Output in Q3

MT Newswires Live

10/14

BP (BP) said in a regulatory filing on Tuesday that it now expects upstream output to be higher in Q3 compared with the prior quarter.

That compares with the oil and gas giant's August forecast of slightly lower upstream production in Q3 compared with Q2.

BP also said it expects higher output in both the oil production and operations segment, driven by higher gas production at bpx energy, as well as in gas and low carbon energy.

BP shares were down 3% in recent Tuesday premarket activity.

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