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BP CEO Says Decision to Exit North Sea Wasn't Made Lightly

BP Chief Executive Officer Meg O'Neill discusses the company's decision to put its North Sea business up for sale. "We’ve had plenty of companies come knocking at our door, expressing interest in buying the asset," O'Neill tells Bloomberg Television. (Source: Bloomberg)

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Tanker Traffic Remains Subdued Despite Trump’s Talk of Peace

Tanker crossings in the Strait of Hormuz and Bab el-Mandeb remained subdued at the start of this week despite reports about potential renewal of peace talks based on statements made by President…

  • Tanker traffic in Hormuz and Mandeb straits low at week's start
  • Trump's peace talk statements briefly lift oil prices
  • CENTCOM explores unconventional methods to pressure Iran

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