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BP profit quadruples as Iran war sends refining margins soaring and debt tumbles

· euronews.com · popularity 12/100 · 0 similar stories today

Read the original at euronews.com →

Summary

BP's net profit quadrupled between July and September as the Iran war sent refining margins and oil prices soaring, with the British energy giant beating forecasts and cutting its net debt by $8.4 billion (€7.5bn) ahead of a strategy update in December.

Found in: Euronews. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 31.