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

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

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

Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...

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

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

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

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 ...

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

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