British Airways scrapped hundreds of long-haul flights as maintenance issues with its Rolls-Royce jet engines grounded ...

Global equity markets climbed higher at the end of the week as the FTSE was aided by the UK economy’s return to growth. Fresh ...

The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as ...

Rachel Reeves has been accused of holding back growth with her “negative framing” of Britain’s economy. Gross domestic ...

BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.

British energy giant BP warned Friday that its third-quarter profits are set to be hit by weak oil sales and refining margins ...

Oil and gas giant BP has issued a profit warning ahead of the release of its third-quarter (Q3) results, after announcing ...

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 ...

Elon Musk, CEO of Tesla, unveiled the electric vehicle (EV) maker's driverless robotaxi at an event in Los Angeles on ...

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 ...