The stock closed at $43.34 on Friday, extending its losing streak to four sessions as the Nasdaq rose 1.71% and the Dow edged up 0.02%.
BP's ADR finished 10.21% below its 52-week high of $48.27 reached on 31 March. Among peers, ENI gained 1.60%, Exxon fell 1.37% and Galp slipped 0.63%.
Trading volume was 10.1 million shares, 5.4 million below its 50-day average of 15.4 million, indicating lighter investor activity despite the broader market's strong session.
With profits doubling, why is BP’s stock on a four-day losing streak?
Can BP's new CEO navigate oil volatility and steer the company away from its massive debt?
Is BP's $20 billion asset sale a path to recovery or a defense against a takeover?