BP has written down the value of its assets by €15 billion as it forecasts lower oil prices for decades to come.
Ian Guider, markets editor of the Business Post, joined us for our daily business update with this story and more, including:
- The National Treasury Management Agency delivers mid-year update for 2020 and publishes 2019 Annual Report
- Aer Lingus unions are preparing to accept a deal that will see staff take a 50% pay cut in return for new job cuts
- The value of exports fell by a third in April, according to CSO figures
