BP Warns of Weak Oil Trading

BP is a big energy company based in London.

They recently said that their oil-trading business isn't doing well, and they might have to reduce the value of their gas and low-carbon energy investments by up to $5 billion.

This is similar to what another company, Shell, said last week.

Even though they're having some problems, BP is still working on reducing their debt.

At the end of the last quarter, their debt was $26.1 billion, but they expect it to be between $22 billion and $23 billion by the end of this quarter.

They're trying to make their company stronger and more valuable for their shareholders.