BP

Fidelity's Michael Clark has warned against buying into BP and Shell amid a dwindling oil price and ongoing issues for both businesses.

COMMODITIES

Investors still face at least two years of uncertainty before a degree of normality returns to markets, according to Jim Stride, head of AXA IM's £13bn Distribution range.

Shares in oil major BP fell today after the US' Environmental Protection Agency temporarily blocked it from bidding for new contracts in the US.

Oil giant BP is planning to spend up to £3.7bn in a share buyback, in an attempt to breathe new life into its flagging share price, according to reports.

BP has agreed to pay $4.5bn to settle charges related to the 2010 Deepwater Horizon disaster.

Mining stocks and oil giant BP provided a lift for London's FTSE 100 today as a huge storm hit the eastern United States, keeping Wall Street closed for a second day.

BP has raised its dividend by 12.5% to 9c a share, but reported a fall in profits in the third quarter.

One of the key positive aspects of equity investment is that you can buy and sell stakes in small and larger companies, safe in the knowledge prospective and existing owners of a business are being treated equally.

What should we do about Russia as an investment opportunity? Until recently, I have been incredibly negative about Russian equities, but I have largely been happy to let the numbers speak for themselves.