BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.
BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...
BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...
Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...
Weak refining margins due to a slowdown in global demand for fuel and lower oil trading results will dent BP's third-quarter ...
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
In a trading update ahead of its quarterly results on Oct. 31, Shell said its indicative refining margins dropped to $5.5 a ...
Weak refining margins are expected to hit BP (NYSE:BP)'s third-quarter result by as much as $600 million, underlining the impact of slowing fuel demand and a dip in oil trading returns at the energy ...
The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter ...
Both Shell and Exxon Mobil have also warned that lower refining margins will hit profits for the third quarter of the year.
BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...