Should You Buy BP plc For 2016?

With the oil price having fallen by two-thirds to below $40 over the past year and no end to the oversupply in sight, it might seem to be a terrible time to buy BP (LSE: BP). However, it’s already faring better than you might have expected.

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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.