BP shares jump as activist investor Elliott discloses 5% stake build
1. Elliott Management acquired over 5% stake in BP, boosting shares by 4.6%. 2. Investor pressure may shift BP's focus back to oil amidst profit declines. 3. BP plans to invest $10 billion in fossil fuels through 2027. 4. CEO and Chair face reduced support amid calls for strategic changes. 5. Crude prices are volatile due to U.S.-China trade tensions.