BP Earnings Top Forecasts Despite Weaker Oil Prices and Refining ...Middle East

OILPRICE - Economy
BP Earnings Top Forecasts Despite Weaker Oil Prices and Refining
BP (NYSE: BP) booked third-quarter earnings above analyst expectations, although the profit was lower from a year earlier and the second quarter amid weaker oil prices and low refining margins. BP reported on Tuesday an underlying replacement cost (RC) profit – its key earnings metric closest to net profit – of $2.3 billion for the third quarter, down by 30% compared to the same period of 2023 and down from $2.8 billion for the previous quarter. While the third-quarter profit was BP’s weakest since the fourth quarter of 2020,…

Hence then, the article about bp earnings top forecasts despite weaker oil prices and refining 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 Earnings Top Forecasts Despite Weaker Oil Prices and Refining )

Apple Storegoogle play

Last updated :

Also on site :



Latest News