BP Profit Hits 18-Year High as Oil Refining Margins Surge
· bloomberg.com · popularity 48/100 · 0 similar stories today
Read the original at bloomberg.com →
Summary
BP Plc said profit surged to the highest in 18 years as soaring refining margins boosted earnings, while a sharp drop in net debt moved the British energy major closer to a position where it could restart buybacks.
Found in: Bloomberg, Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 2 feeds; listed 2 times; feed position 2.