As international crude oil prices continue to slide on demand worries worldwide, British oil giant BP PLC Group reported disappointing first-quarter results only days after the company announced a major discovery in the Gulf of America.
During the April 29 trading session, BP’s American depositary shares were down 3.64 percent, at $28.07, on the New York Stock Exchange, after the London-based supermajor reported earnings that missed Wall Street expectations.
