BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.
Weak refining margins are expected to hit BP (NYSE:BP)'s third-quarter result by as much as $600 million, underlining the impact of slowing fuel demand and a dip in oil trading returns at the energy ...
A global slowdown in the demand for fuel has hit BP's refining business. The oil major said it expects a slump in refining ...
Weak refining margins and weaker oil trading results are expected to dent BP’s third-quarter profit, the UK-based supermajor ...
British energy giant BP warned Friday that its third-quarter profits are set to be hit by weak oil sales and refining margins, amid stalling global crude demand.
Both Shell and Exxon Mobil have also warned that lower refining margins will hit profits for the third quarter of the year.
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The blue-chip FTSE 100 was flat on Friday, weighed down by losses in Sainsbury’s after its biggest shareholder ...
The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as ...
British Airways scrapped hundreds of long-haul flights as maintenance issues with its Rolls-Royce jet engines grounded ...
Rachel Reeves has been accused of holding back growth with her “negative framing” of Britain’s economy. Gross domestic ...