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BP has ushered in a new chair, CEO, and strategy that is delivering financial results. However, Javier Blas observes that despite these changes, the British oil giant continues to make unforced errors.
The column highlights that while BP's latest strategic direction is finally profitable, the company still struggles with operational missteps even amid leadership renewal.
Blas has previously tracked limited effects on inflation from the stability in U.S. natural gas prices. He reported that OPEC+ members planned a symbolic output hike as key energy routes faced constraints. These developments have shaped recent commentary on major energy players.