BP ADRs Climb to Highest Since Mid-2015

BP American depositary shares climbed to their highest since July 2015 on Thursday. The U.K.-based oil giant has agreed to buy a network of fuel stations in Australia from Woolworths. The new 52-week range is $27.01 to $37.50.

Woolworth’s said BP will buy the 527 fuel stations owned in Australia for $1.3 billion and will rebrand and operate these along with 16 extra sites that are under construction.

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