Oil giant BP to sell 65% stake in $10 billion Castrol unit

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BP plans to sell a 65% stake in its $10 billion Castrol unit as part of its asset divestment strategy, aiming to sell $20 billion worth of assets by 2027.

Market Impact

Market impact analysis based on neutral sentiment with 74% confidence.

Sentiment
Neutral
AI Confidence
74%

Article Context

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The oil giant is looking to divest $20 billion of its assets by the end of 2027.

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Original article published by CNBC on December 24, 2025.
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