Trading in close proximity to 52-week highs, the BP share price provides few attractions for new investors although current holders should be satisfied with the dividend yield.
BP shares have ticked higher in line with oil prices as a tragedy unfolds in the Middle East. There is a lack of enthusiasm for the move in BP shares and the company offers minimal value above 550p.
Tensions in the Middle East and oil prices have a predetermined playbook that sees oil prices rise before falling back. The recent move in BP almost feels as though it's being driven entirely by robots programmed to buy oil...
