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BP Forecasts Q2 Oil Trading Gains as Upstream Output Expected to Fall to 2.17-2.22M Barrels

2026-07-14 06:29:07

BP1.37%

According to Jin10 data, BP said on July 14 that it expects its second-quarter oil trading business to continue achieving growth, but upstream oil and gas output will be lower than the first quarter. The company forecasts Q2 upstream daily production will be between 2.17 and 2.22 million barrels of oil equivalent, down from 2.34 million in Q1, driven by seasonal maintenance and Middle East regional tensions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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