BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
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 ...
BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...
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 expects a slump in refining margins to take a $400m (£306m) to $600m (£459m) chunk out of its third-quarter profit.
UK Supermajor BP is navigating a challenging market landscape, as it balances production stability with external pressures ...
BP has forecast “broadly flat” oil and gas production in the third quarter, alongside a hit to profit from falling refining ...
BP has signalled a "broadly flat" oil and gas output forecast for the third quarter, whilst bracing for a squeeze on profits ...
Proactive Investors - BP PLC (LON: BP) has warned that weak refining margins and lower oil prices have affected its ...