BP Warns Weak Refining and Oil Trading Will Hurt Q3 Earnings ...Middle East

OILPRICE - Economy
BP Warns Weak Refining and Oil Trading Will Hurt Q3 Earnings
source : OILPRICE ( Middle East ) () 43
Weak refining margins and weaker oil trading results are expected to dent BP’s third-quarter profit, the UK-based supermajor warned on Friday. BP is yet another oil major to flag weakness in their refining business for the past quarter, following warnings from Shell and ExxonMobil. Compared to the second quarter, BP expects its Q3 results to have been dented by weaker realized refining margins and a weak oil trading result. The lower refining margins are expected to hit earnings by between $400 million and $600 million, the company said in…

Hence then, the article about bp warns weak refining and oil trading will hurt q3 earnings was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BP Warns Weak Refining and Oil Trading Will Hurt Q3 Earnings )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Carney Backs B.C. Tanker Ban as Alberta Unveils Pipeline Plan
OILPRICE - before 2 hours & 42 minute
Egypt, Nigeria explore investment opportunities in digital, healthcare sectors
EGYPT INDEPENDENT - before 4 hours & 13 minute
Spotify Confirms Streaming Fraud After Kalshi Trader Cries Foul
WIRED - before 4 hours & 14 minute
Microsoft Plans to Lay Off About 2.5% of Its Staff
SABA NET - before 2 hours & 46 minute
See how the labor market weakened in June in 5 charts
Washington Post - before 4 hours & 17 minute
Savers pour £3.1bn into cash ISAs ahead of Labour’s planned allowance cut
INDEPENDENT - before 4 hours & 14 minute
UK drivers mis-sold car finance face longer wait for compensation payouts
INDEPENDENT - before 2 hours & 36 minute
Aily Labs and AWS Announce Strategic Partnership to Accelerate AI Decision Intelligence Across the Fortune 500
PR Newswire - before hour & 39 minute
Black unemployment rises while White unemployment stays stable
Washington Post - before 2 hours & 50 minute
Europe’s Energy Transition Stalls as Heat Wave Exposes the Cost of Inaction
OILPRICE - before hour & 44 minute
Tehran Is Racing the Clock to Export as Much Oil as Possible
OILPRICE - before 38 minute
NYSD Partners with the University of New York in Prague (UNYP) to Launch New Global Dual-Credential Program
PR Newswire - before 15 minute


Latest News

NYSD Partners with the University of New York in Prague (UNYP) to Launch New Global Dual-Credential Program

before 15 minute

Tehran Is Racing the Clock to Export as Much Oil as Possible

before 38 minute

Aily Labs and AWS Announce Strategic Partnership to Accelerate AI Decision Intelligence Across the Fortune 500

before hour & 39 minute

Europe’s Energy Transition Stalls as Heat Wave Exposes the Cost of Inaction

before hour & 44 minute

UK drivers mis-sold car finance face longer wait for compensation payouts

before 2 hours & 36 minute

Carney Backs B.C. Tanker Ban as Alberta Unveils Pipeline Plan

before 2 hours & 42 minute

Microsoft Plans to Lay Off About 2.5% of Its Staff

before 2 hours & 46 minute

Black unemployment rises while White unemployment stays stable

before 2 hours & 50 minute

Egypt, Nigeria explore investment opportunities in digital, healthcare sectors

before 4 hours & 13 minute

Economic expert debunks Jacob Rees-Mogg's 'criminally misleading' devolution chart

before 4 hours & 13 minute

Spotify Confirms Streaming Fraud After Kalshi Trader Cries Foul

before 4 hours & 14 minute

Savers pour £3.1bn into cash ISAs ahead of Labour’s planned allowance cut

before 4 hours & 14 minute

See how the labor market weakened in June in 5 charts

before 4 hours & 17 minute

Trump discloses $1.4 billion crypto profits

before 4 hours & 41 minute

Namibia: Govt Scraps Toll Gate Plan

before 6 hours & minute