BP Faces Short Term Uncertainty as Its CEO Departs -- Market Talk

Dow Jones12-18

0819 GMT - BP faces more short-term uncertainty and turbulence as CEO Murray Auchincloss steps down, RBC Capital Markets analysts Biraj Borkhataria and Adnan Dhanani write. They key question is how his departure impacts BP's thinking once again on strategic initiatives, they add. BP should now defer the sale of Castrol, cut its buyback to zero and repair the balance sheet, they say. BP's shares fall 0.5% at 423.40 pence.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

December 18, 2025 03:20 ET (08:20 GMT)

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