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

BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...

Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...

BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...

Weak refining margins due to a slowdown in global demand for fuel and lower oil trading results will dent BP's third-quarter ...

A global slowdown in the demand for fuel has hit BP's refining business. The oil major said it expects a slump in refining ...

BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...

BP expects a slump in refining margins to take a $400m (£306m) to $600m (£459m) chunk out of its third-quarter profit.

BP shares down in premarket after disclosing updated Q3 guidance, with oil production stable but weaker refining margins.

Last quarter, BP warned about “significantly lower” refining margins, and Jefferies cut its consensus for earnings by about 20 per cent. It also took a hit of up to $1.5bn from a plan to scale back ...

BP Plc expects its net debt to have risen in the third quarter due to lower refining margins and changes to the timing of ...

BP has signalled a "broadly flat" oil and gas output forecast for the third quarter, whilst bracing for a squeeze on profits ...