Intentar ORO - Gratis
BP stays cautious as Trump's tariffs bite
The Chronicle
|April 30, 2025
BRITISH energy titan BP was forced to scale back its share buyback programme, after President Donald Trump's tariff strategies sent oil prices into a nosedive.
In a cautious move, BP pared its buybacks down to $750m (£559m), a substantial drop from the $1.75bn allocated in the previous quarter.
Trump's aggressive tariffs pushed the price of Brent crude under the critical $70 mark, a crucial benchmark for BP's financial planning.
This disappointing performance unfolded just before Trump's so-called 'Liberation Day' on April 2, when he unloaded expansive tariffs affecting all trading partners.
Esta historia es de la edición April 30, 2025 de The Chronicle.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Chronicle
The Chronicle
LET'S MAKE THIS EASY
Ella Mills, aka Deliciously Ella, shares simple plant-based recipes for quick, no-fuss healthy family meals
1 min
January 17, 2026
The Chronicle
Ivorian flyer signs for the Black Cats
SUNDERLAND have signed winger Jocelin Ta Bi, the Black Cats moving in after a move to Celtic collapsed.
1 mins
January 17, 2026
The Chronicle
World-class artwork on display in our region
A Monet artwork will go on display at a South Shields art gallery today in what has been described as a “remarkable opportunity for the North East”.
1 min
January 17, 2026
The Chronicle
Former captain will be 'gutted' if homegrown talent is sold
FORMER
2 mins
January 17, 2026
The Chronicle
OWNER THANKS CUSTOMERS FOR A 'MIRACLE' FEW YEARS
A NORTH East bakery has announced \"with a heavy heart\" it will soon close.
1 mins
January 17, 2026
The Chronicle
DEEP TROUBLE
Stars Sophie Rundle, Matt Stokoe and Nicholas Gleaves talk to LYNN RUSK about the new series of disaster thriller After The Flood
2 mins
January 17, 2026
The Chronicle
New housing 'must add schools and surgeries'
LESSONS FROM PAST BUILDS VITAL FOR FORTH YARDS, SAY COUNCILLORS
2 mins
January 17, 2026
The Chronicle
Jenrick insists Reform defection 'unites right'
ROBERT Jenrick has said his defection to Reform UK was “uniting the right”, as he said he had put the country before his allegiance to the Conservative Party.
1 min
January 17, 2026
The Chronicle
THE SHOPLIFTING EPIDEMIC
HE shoplifting capital of England and Wales has been revealed by data - and it's far away from London.
4 mins
January 17, 2026
The Chronicle
Ant and Dec to launch podcast
TV presenting duo Ant and Dec are to front their first podcast series together.
1 min
January 17, 2026
Listen
Translate
Change font size