British Airways scrapped hundreds of long-haul flights as maintenance issues with its Rolls-Royce jet engines grounded ...

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.

Global equity markets climbed higher at the end of the week as the FTSE was aided by the UK economy’s return to growth. Fresh ...

The FTSE 100 index closed up 15.92 points, or 0.2%, at 8,253.65. The FTSE 250 ended up 71.50 points, or 0.3%, at 20,779.87, while the AIM All-Share closed down 0.68 points, or 0.1% at 733.85.

BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.

Oil and gas giant BP has issued a profit warning ahead of the release of its third-quarter (Q3) results, after announcing ...

BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

Elon Musk, CEO of Tesla, unveiled the electric vehicle (EV) maker's driverless robotaxi at an event in Los Angeles on ...

Weak refining margins are expected to hit BP (NYSE:BP)'s third-quarter result by as much as $600 million, underlining the ...

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Both Shell and Exxon Mobil have also warned that lower refining margins will hit profits for the third quarter of the year.

BP expects lower profits in Q3 due to weak refining margins, a weak oil trading result, and higher exploration write-offs.