Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

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.

BP shares down in premarket after disclosing updated Q3 guidance, with oil production stable but weaker refining margins.

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

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

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 ...

India's oil minister Hardeep Singh Puri said on Monday that energy availability could be hurt if the situation in the Middle ...

This comes amid a slowdown in oil demand, with economic headwinds in major economies such as China, seen as a contributor.

BP is abandoning its target to reduce oil and gas production by 2030 and increasing investments in fossil fuels to boost ...