BP projects oil demand to reach 97.8 million barrels per day by 2035, making it a buy-the-dip stock amid market volatility.

BP p.l.c. (NYSE:BP) is regarded as a prime buy-the-dip stock amidst recent market volatility, with shares near two-year lows. Despite its shift towards renewable energy, BP projects oil demand to reach approximately 97.8 million barrels per day by 2035, highlighting its ongoing reliance on fossil fuels. This combination of a promising long-term outlook and growth potential makes BP an attractive investment for risk-tolerant investors.

September 07, 2024
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