Deep search
Rewards
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
BP profit hit by weaker refining margins
BP says weak refining margins to dent Q3 profit as fuel demand stalls
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months.
BP says lower refining margins will hit profits by up to $600 million
BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits after Shell made a similar warning this week
BP warns of weaker refining margins, higher debt in Q3 amid demand slowdown
Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil prices. Year-to-date, NYSE-listed shares of BP have fallen around 7%, while shares of Shell and Exxon have gained nearly 4.4% and 20%, respectively.
1d
on MSN
BP Lifts Production Guidance But Cautions on Higher Debt
The oil-and-gas giant upgraded upstream production outlook for the third quarter, now projecting it to be broadly flat on the ...
1d
on MSN
Exxon, Chevron Earnings Face This Risk After BP Profit Warning
The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as ...
4d
Why BP’s Elimination Of 2030 Oil Reduction Target Is No Real Surprise
BP said Monday it will drop a pledge to cut its oil production 25% by 2030. Critics slammed the move, but should not be ...
1d
BP Now Sees Q3 Upstream Production To Be Broadly Flat Sequentially
(RTTNews) - British energy major BP Plc (BP.L, BP_UN.TO, BP) Friday said it now expects Upstream production in the third quarter to be broadly flat compared to the prior second quarter. Production ...
5d
BP drops target for cut in oil output in strategy reset: sources
STORY: BP has abandoned a target to cut oil and gas output by 2030.Three sources told Reuters of the new approach.They said ...
1d
on MSN
FTSE 100 little changed; Sainsbury's, BP slip
The blue-chip FTSE 100 was flat on Friday, weighed down by losses in Sainsbury's after its biggest shareholder cut stake in ...
TheHealthSite
3d
High Blood Pressure: What Is The Normal BP Range Of An Adult?
Normal: If your reading is less than 120/80 mmHg, you're in the normal range. High BP: Readings that fall between 120-129 and ...
Convenience Store News
21h
bp’s earnify App to Offer Chain-Specific Deals
bp is offering exclusive introductory benefits to celebrate the launch of the earnify app, it said. For the first 90 days, ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Related topics
Florida
Hurricane Milton
Tesla
Oil
weaker refining margins
Feedback