BP profit quadruples to $4.7 billion as Iran war lifts refining margins
Briefing by News4U · First published
Euronews Business reported that BP’s profit attributable to shareholders rose to $4.7 billion for the July-September period, four times the $1.16 billion recorded a year earlier, as disruption from the Iran war boosted refining and trading earnings; the company also cut net debt by $8.4 billion to $13.9 billion and kept its quarterly dividend at 8.66 cents a share. [1]
Sources
- BP profit quadruples as Iran war sends refining margins soaring and debt tumbles
Euronews Business · · Full text