London stocks concluded the week on a somber note as investors showed disappointment after China's lack of specific economic ...

British energy giant BP warned Friday that its third-quarter profits are set to be hit by weak oil sales and refining margins, amid stalling global crude demand.

Russia's largest refinery, Omsk, has increased its crude processing despite challenges from Ukrainian drone attacks and ...

Shares in mainland China tumbled as U.S. inflation data clouded hopes for another Fed rate cut and traders awaited Beijing's ...

BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

BP expects lower profits in Q3 due to weak refining margins, a weak oil trading result, and higher exploration write-offs.

Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...

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 anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...

BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices continue to weigh on the energy sector.

In the customers and products segment, fuel margins should remain steady, with seasonally higher volumes partially offset by ...

Brent prices were weaker over the course of the third quarter, BP noted. The North Sea benchmark averaged USD80.34 a barrel in the third-quarter, down 5.4% from USD84.97 in the second. Net debt will ...