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

BP (NYSE:BP) has become the latest oil refining major to warn of lower profitability in the latest quarter amid an ...

BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.

BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...

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

In a trading update ahead of its quarterly results on Oct. 31, Shell said its indicative refining margins dropped to $5.5 a ...

The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter ...

BP expects a slump in refining margins to take a $400m (£306m) to $600m (£459m) chunk out of its third-quarter profit.

BP has signalled a "broadly flat" oil and gas output forecast for the third quarter, whilst bracing for a squeeze on profits ...

Last quarter, BP warned about “significantly lower” refining margins, and Jefferies cut its consensus for earnings by about 20 per cent. It also took a hit of up to $1.5bn from a plan to scale back ...

UK Supermajor BP is navigating a challenging market landscape, as it balances production stability with external pressures ...