BP Plc’s rating outlook was downgraded by Fitch Ratings because it expects lower crude prices and fines related to the Macondo oil spill to cut cash flows and drive up debt.
Fitch Cuts BP Outlook
Brought to you by Quest Offshore & Southern Cone Consultants
BP Plc’s rating outlook was downgraded by Fitch Ratings because it expects lower crude prices and fines related to the Macondo oil spill to cut cash flows and drive up debt.
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