BP Chief Executive Murray Auchincloss said that global oil demand continued to surprise to the upside, speaking at the Energy Intelligence forum in London on Monday.

CEO Murray Auchincloss said Monday he expects the incoming Trump administration to reform and streamline U.S. permitting and regulatory processes, which he said should help the company and the energy industry in general.

LONDON (Reuters) - BP CEO Murray Auchincloss said on Monday that he looked forward to the Donald Trump presidency, saying the U.S. Republican leader will help accelerate permitting time for energy projects. "We look forward to the Trump presidency," Auchincloss told the Energy Intelligence Forum conference.

BP Plc anticipates strong growth in the US as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.