the BP The stock price (LSE: BP) was a good week. It has increased by 6 % and is now more than 20 % over the past three months. This provides some comfort for the long -suffering shareholders, although it still decreased by 11 % during the past year.

Tragically, the gathering began when the conflict between Israel and Iran led the price of oil a little more than $ 60 to less than $ 80 a barrel. BP is not an oil product, but energy prices are still the largest profit engine.

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The price of the oil withdrew after the bombing stopped, but it started to rise again last week. This was partially due to Donald Trump, who was delayed by the threatened definitions, kicking the decision until August, while the Houthi -renewable attacks on shipping pushed the geopolitical risk allowance to the top. Reports that Trump may make a “majorAnnouncement of Russia added to uncertainty.

OPEC has also updated its long -term expectations, as the global demand for oil demand will rise to 122.9 million barrels per day by 2050, driven by growth in India, Africa and the Middle East. That helped fixed nerves.

There are dozens of moving parts. The reality is that no one has the slightest idea as the oil goes after that. Which means no one really knows what the BP share will do. To be fair, I can say that about any stock.

Trading land update

BP released a Q2 update on July 11. While the reported production on the source increased, the decrease in oil and gas prices affected. The average oil was $ 67.88 a barrel in the second quarter, a decrease of $ 75.73 in the first quarter. It can knock 600 million dollars to 800 million dollars of profits. The low -successful gas and carbon energy slice may face additional success.

The company expects stronger refining margins, rising from $ 15.2 to $ 21.1 a barrel, while the oil trade should achieve a strong result. The net debt decreased slightly, but it is still close to $ 30 billion.

Stock with luggage

The price of the patient’s BP shares has paid backward profits to 6.02 %. Expectations indicate that it can reach 6.3 % next year. The Board of Directors still buys billions of shares. The BP price ratio is forward to 12.5, as it decreased to 11 in 2026. It looks decent.

We also learned last week that BP returns to Libya, where a deal to explore three sites and reopen the Tripoli office. This may help improve long -term production.

However, the strategy remains confused with BP torn between shareholders who are demanding its reinforcement on fossil fuels, while activists are calling for greater commitment to renewable energy sources. The expectations are modest, as 28 analysts expect an average rate of 7.5 % at the share price to 432.5 points during the next year. As of July 11, the shares were traded in 401.75p. Throw on the return and the total return jumps to about 13.5 %.

I bought BP last autumn, and a double digital loss is now in one numbers. Add profits, almost flat. Can gangs go from here? I would like to think about it, but the doubt that the challenges and uncertainty are very simply, especially with the world sliding into stagnation.

BP is still worth considering a long -term point of view, to income as much as growth, but only as part of a balanced wallet. This is a volatile sector. It has been a long time since BP is called buying other than thinking.