BP Gains on Exxon to Emerge as Top Big-Oil Stock During Iran War

BP Plc, long the laggard among oil supermajors, is emerging as the sector’s top stock during the Iran war as it reaps “exceptional” trading profits and avoids the scale of...

By Kevin Crowley, Mitchell Ferman · Bloomberg Markets

BP Plc, long the laggard among oil supermajors, is emerging as the sector’s top stock during the Iran war as it reaps “exceptional” trading profits and avoids the scale of production outages hurting rivals like Exxon Mobil Corp.