BP says lower refining margins will hit profits by up to $600 million
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 warns of weaker refining margins, higher debt in Q3 amid demand slowdown
BP (NYSE:BP) has become the latest oil refining major to warn of lower profitability in the latest quarter amid an ...
BP says weak refining margins to dent Q3 profit as fuel demand stalls
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
The Financial Express2h
OMCs may report weak Q2 on lower refining margins
The Singapore GRM in the first half of FY25 has averaged only $3.6 per barrel, reflecting the effects of a subdued oil demand ...
BP Flags Earnings Hit From Weak Refining Margins
BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...
BP Warns Of Weaker Refining Margins, Higher Debt: Details
BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.
Shell's third-quarter refining margins drop sharply
Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand ...
Shell expects sharp drop in refining margins and higher liquid-natural-gas volumes
The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter ...
Upstream2d
Rising costs, weaker production, lower refining margins eat into BP's third-quarter profit
BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...
Oil giant BP’s refining business sees lower margins as global oil demand stalls
BP expects a slump in refining margins to take a $400m (£306m) to $600m (£459m) chunk out of its third-quarter profit.
Upstream2d
Rising costs, weaker production, lower refining margins eat into BP's Q3 profit
UK Supermajor BP is navigating a challenging market landscape, as it balances production stability with external pressures ...
BP warns of earnings hit from weak refining margins
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 ...