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VIDEO: One Fool takes a closer look at BP plc (LON:BP).
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partner’s brokerage products, these are focused on the trading of readily releasable securities.
With the oil price still languishing two-thirds off its peak, this most recent crash is every bit as dramatic as that we saw with the so-called ‘oil glut’ in the mid-1980s. The bad news is BP (LSE: BP) thinks low prices are going to last for longer. But there’s good news too, at least if you’re a BP shareholder…
