The price of oil rose on rumours that Russia and Saudi Arabia might agree a deal to cut output, but in the end we got something less sensational. Does such shenanigans do anything for a giant like BP (LSE: 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 partnerâs brokerage products, these are focused on the trading of readily releasable securities.
The price of oil rose on rumours that Russia and Saudi Arabia might agree a deal to cut output, but in the end we got something less sensational. Does such shenanigans do anything for a giant like BP (LSE: BP)?