Your investments are your responsibility
We do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of our publications. You acknowledge that you use the information we provide at your own risk.
In its first results since the conflict broke out, the energy giant reported profits of $3.2bn (£2.4bn) between January and March after an "exceptional" performance in its oil trading business.
The figure was higher than analysts had expected and far ahead of income in the same period last year which reached $1.38bn.
The oil price has seen sharp swings since the start of the US-Israel war with Iran as the key Strait of Hormuz - which usually carries about 20% of the global supplies of oil and liquid natural gas - has been effectively closed.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today's show, US President Trump said he’ll announce his Fed chair pick “soon.” He also touted plans to award payments to service members and roll out housing reforms to address economic anxieties during his prime-time address.
BP appointed Woodside’s Meg O’Neill as CEO, making her Big Oil’s first woman leader. She will replace Murray Auchincloss in April as the company works to recover from a botched renewable energy pivot.
The BOE is poised to cut rates by a quarter point to 3.75% today, responding to cooling inflation and economic struggles. The ECB is seen keeping borrowing costs at 2%, with analysts expecting the rate to stay there through 2027.
Today's guests: Camille de Courcel, Head of Developed Markets Rates Strategy and Europe Economics at BNP Paribas Markets 360 & Exein Founder and CEO Gianni Cuozzo.
