Deep search
Rewards
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
BP profit hit by weaker refining margins
BP says lower refining margins will hit profits by up to $600 million
BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits after Shell made a similar warning this week
BP says weak refining margins to dent Q3 profit as fuel demand stalls
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months.
BP warns of weaker refining margins, higher debt in Q3 amid demand slowdown
Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil prices. Year-to-date, NYSE-listed shares of BP have fallen around 7%, while shares of Shell and Exxon have gained nearly 4.4% and 20%, respectively.
Bloomberg L.P.
2d
BP Sees Net Debt Rising in Third Quarter Amid Weak Refining
BP
Plc expects its net debt to have risen in the third quarter due to lower
refining
margins
and changes to the timing ...
AOL
2d
BP Warns Of Weaker Refining Margins, Higher Debt: Details
However, weaker realized
refining
margins
are expected to have a negative impact of $0.4 billion to $0.6 billion, and oil ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Trending now
Free gas for FL residents
How to help Milton victims
CA rejects SpaceX plan
Israel orders evacuation
Airstrikes hit ISIS camps
Dems shut down AZ office
Adds 8 new destinations
Holds rally in California
Oklahoma mass shooting
Releases medical report
Soldier sentenced to 14 yrs
Files suit against Virginia
Toxic mushrooms poison 11
Gets Walk of Fame star
Expands sanctions on Iran
To close 444 stores
FTX exec heads to prison
Wins Xfinity Series race
Drug for hemophilia approved
To cut workforce by 10%
Admonishes Black men
Says systems were breached
S&P 500, Dow hit records
FAA OKs Starship 5 launch
Dodgers advance to NLCS
Gets 2 years for role in riot
Tour guide killed in mine
Sued by former assistant
Turtle smuggling guilty plea
Feedback