Crude oil prices remained subdued after falling to the lowest in a month earlier in the week, as Israel indicated it was ready to negotiate an end to the hostilities with Lebanon.
At the time of writing, Brent crude was trading at $71.76 per barrel, and West Texas Intermediate was changing hands at $67.91 per barrel, both slightly up from opening in Asian trade.
BP PLC has completed a transaction to acquire the 50.03 percent stake in solar developer Lightsource BP Renewable Energy Investments Ltd. that it did not already own.
BP has set a goal of building 50 GW of net installed renewables capacity globally by 2030, up from 3.3 GW in 2021.
Curious Minds Corner
Question of the week
What is the name of the largest offshore oil field in the world?