Earnings Preview: Refining Efficiency Could Be Key to BP's Results

Whatever happened to those forecasts for $30 oil? The reality is tht crude will likely revisit the $100 per barrel (and beyond) in the year ahead, if the U.S./global economic recoveries continue to progress. That bodes well for integrated oil and natural gas giant BP (BP), which reports fourth-quarter earnings on Tuesday, Feb 2. before the market opens. (The report is scheduled to be released 7 a.m. London time, 2 a.m. ET.)