New York Times | Profit Down at BP, Which Predicts Era of Low Oil Prices New York Times The company, saying it expects prices to stay low for years, indicated that it would continue to cut costs and limit its investments in searching for and developing new oil and gas fields. “We are now in action to rebalance our financial framework in ... BP: Finding Its Footing After Oil's Slip BP's new strategy depends on oil prices rising 25% BP shrinks again to weather extended oil slump |