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Express News | Market news: After Hurricane Valerie, at least 10 shipments were canceled at the Free Port. The most affected companies include JERA, Japan's largest electrical utilities company, BP plc, Total Energy, and SK E&S.
Investors Heavily Search BP P.l.c. (BP): Here Is What You Need to Know
BP Initiated at Outperform by Wolfe Research
BP Initiated at Outperform by Wolfe
Citi warns: there is a risk of oil prices surging to $100!
Jpmorgan expects that oil prices may soar to $100 in the next year due to the lack of incentive for producers to increase production.
Express News | Refile-BP : Wolfe Research Initiates Coverage With Outperform Rating; Target Price $57 (Clarifies Company Ticker Symbol)
Crude oil analysis at noon: Brent crude oil rose due to EIA inventory decline, and refinery production decreased due to hurricanes.
As of July 12th, EIA crude oil inventories decreased by 4.9 million barrels. Increased wildfires caused by hot and dry weather have impacted Imperial Oil's Kearl project.