Both Shell and Exxon Mobil have also warned that lower refining margins will hit profits for the third quarter of the year.

Proactive Investors - BP PLC (LON: BP) has warned that weak refining margins and lower oil prices have affected its ...

Weak refining margins due to a slowdown in global demand for fuel and lower oil trading results will dent BP’s third-quarter ...

A global slowdown in the demand for fuel has hit BP's refining business. The oil major said it expects a slump in refining ...

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 ...

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

BP has forecast “broadly flat” oil and gas production in the third quarter, alongside a hit to profit from falling refining ...

Weak refining margins are expected to hit BP (NYSE:BP)'s third-quarter result by as much as $600 million, underlining the ...

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