AOL5d
BP Warns Of Weaker Refining Margins, Higher Debt: Details
However, weaker realized refining margins are expected to have a negative impact of $0.4 billion to $0.6 billion, and oil ...
European refining adds fuel to oil majors’ fires
In part, lower refining margins reflect normalising conditions in the market after Russia’s full-scale invasion of Ukraine ...
Bloomberg L.P.5d
BP Sees Net Debt Rising in Third Quarter Amid Weak Refining
BP Plc expects its net debt to have risen in the third quarter due to lower refining margins and changes to the timing of ...
Yahoo Finance4d
BP warns of weakening refinery margins in its third quarter
BP issues warnings about weakening oil refining and production margins for its third quarter, a period where crude oil (CL=F, BZ=F) prices fell 17%.Market Domination co-hosts Julie Hyman and ...
The Argus4d
BP’s refining business sees lower margins as global oil demand stalls
BP expects a slump in refining margins to take a 400 million dollar (£306 million) to 600 million dollar (£459 million) chunk out of its third-quarter profit. The oil major said it also expects ...