Why BP plc Is Down On Prime Minister Modi

Investors in India love the country’s new prime minister Narendra Modi — well, all with the possible exception of British energy giant BP (LSE: BP). Its $7.2 billion investment in the KG-D6 offshore gas field is yet to achieve its full potential, with low gas prices in India getting the blame. And some say Modi just made things worse…

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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.