The gross mark-to-market value of derivatives contracts held by BP rose over 26% in 2021 to the highest level in at least eight years.
Total gross derivatives assets and liabilities stood at $26.7 billion at end-December 2021, compared with $21.2 billion the previous year. It was the largest quarterly increase since 2014.
//
Net derivatives assets stood at -$1.2 billion in 2021, compared with a positive net derivatives asset position in 2020 of $4.4 billion.
BP posted gross derivatives
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
