2017 was a good year for oil companies, as growth in benchmark crude prices boosted their margins. Similarly, in 2018, the average Brent crude oil price is expected to grow 30% from the 2017 average. Accordingly, BP is likely to have a strong 2018.
2017 was a good year for oil companies, as growth in benchmark crude prices boosted their margins. Similarly, in 2018, the average Brent crude oil price is expected to grow 30% from the 2017 average. Accordingly, BP is likely to have a strong 2018.