06:50 AM EST, 02/19/2025 (MT Newswires) -- BP (BP) is considering a potential sale of its lubricants business, Bloomberg News reported Tuesday citing people familiar with the matter.

A deal could value the unit operating under the Castrol brand at about $10 billion, the sources said.

The oil major could disclose a potential divestment during its capital markets day on Feb. 26, however no final decision has yet been made, Bloomberg reported, citing the sources.

BP declined MT Newswires' request for comment.

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