BP clinches $6 bil fuel deal

Investor's Business Daily

British oil major BP (BP) said that Russian oil firm Rosneft agreed to sell it about $6 bil worth of refined petroleum products. The deal comes on the heels of a breakthrough $5.3 bil agreement in Oct. for BP to buy crude from Rosneft. Rosneft acquired BP's Russian venture TNK-BP for $55 bil in March. BP shares fell 0.4% to 45.91.

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