Reuters InsiderAug 20, 2016Markets & Economy

Maryam Behmard on Reuters Insider: Global Oil Stocks

Name: Maryam Behmard on Reuters Insider: Global Oil Stocks
Uploaded: 2016-08-20
Channel: Maryam Behmard
Description: Maryam Behmard on Reuters Insider: Global Oil Stocks. BP misses on weak refining margins, BNP Paribas calls $30–40 oil the new normal, and AB InBev sweetens its SABMiller bid.

BP misses on weak refining margins, BNP Paribas calls $30–40 oil the new normal, and AB InBev sweetens its SABMiller bid.

In this segment

BP trims its 2016 budget under $17bn; Deepwater Horizon costs approach $62bn.
BNP Paribas: oil likely ranges $30–40 a barrel, not back to $100.
GKN rides out Brexit with a 7% rise in earnings; Man Group under pressure.
AB InBev lifts its SABMiller offer to £45 a share - roughly $104 billion.